Examples of FHLB in a sentence
Maturity By Years Total 1 or Less 1 to 3 3 to 5 Over 5 Contractual Cash Obligations FHLB Advances.......................................
Sources of liquidity include cash and cash equivalents (net of federal requirements to maintain reserves against deposit liabilities), investment securities eligible for pledging to secure borrowings, investments available-for- sale, loan repayments, loan sales, deposits and borrowings from the FHLB secured with pledged loans and securities, and from correspondent banks under overnight federal funds credit lines.
As of December 31, 2023, CBB has the credit capacity to borrow up to $77,821,000 from the FHLB with no borrowings outstanding as of December 31, 2023.
As of March 31, 2024, CBB has the credit capacity to borrow up to $78,412,000 from the FHLB with no borrowings outstanding.
As per the Bank’s Response, all securities will be held at FHLB with a minimum value of 102% above monthly total deposit balance.