Federal Home Loan Bank Advances and Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2024

Advance from Federal Home Loan Bank [Abstract]

Schedule of FHLB Advances With Maturity Dates and Weighted Average Rates

The following is a summary of FHLB advances with maturity dates and weighted average rates at December 31, 2024 and December 31, 2023:



	December 31, 2024				December 31, 2023
	Amount Due		Weighted Average Rate		Amount Due		Weighted Average Rate(1)
	(Dollars in thousands)
Year of Maturity:
2024	$	—	—	%	$	90,000	3.24	%
2025	90,000		3.91		—		—

Total advances	$	90,000	3.91	%	$	90,000	3.24	%

(1) In 2023, $50 million of the Company's FHLB borrowings were subject to longer term interest rate swap agreements and the average rate reflects the "all-in" swap costs under these agreements.

Schedule of Line of Credit Outstanding

The total borrowing line, letter, or line of credit and the amount outstanding at December 31, 2024 are summarized below:


	December 31, 2024
	Total Letter or Line of Credit		Total Outstanding
	(In thousands)
FRBNY	$	726,829	$	—
FHLB	465,932		199,824
Zions Bank	45,000		—
PCBB	38,000		—
ACBB	12,000		—
Total	$	1,287,761	$	199,824

Bankwell Financial Group, Inc. 10-K