FEDERAL HOME LOAN BANK ADVANCES (Tables)

6 Months Ended

Jun. 30, 2024

FEDERAL HOME LOAN BANK ADVANCES

Federal Home Loan Bank Advances

(in thousands)	June 30, 2024		December 31, 2023
Overnight advances	$	—	$	110,000
Fixed interest rate advances		370,000		270,000
Total FHLB advances	$	370,000	$	380,000

Aggregate Future Principal Payments on FHLB Advances

			Weighted
			Average
Year (dollars in thousands)	Principal		Rate
2024	$	—	—	%
2025		100,000	5.54
2026		30,000	4.82
2027		80,000	4.01
2028		160,000	4.39
Total	$	370,000	4.65	%

Information Regarding Overnight FHLB Advances

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(dollars in thousands)	2024			2023			2024			2023
Average outstanding balance during the period	$	4,835		$	226,659		$	135,522		$	226,006
Weighted average interest rate during the period		5.47	%		5.20	%		5.44	%		4.82	%
Maximum outstanding at any month end during the period	$	—		$	450,000		$	760,000		$	450,000

Real Estate Loans Pledged

(in thousands)	June 30, 2024		December 31, 2023
First-lien, single family residential real estate	$	1,230,138	$	1,345,752
Home equity lines of credit		283,604		266,389
Multi-family commercial real estate		107,661		133,565
Commercial real estate		322,870		—