Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
And so you would expect to see our FHLB borrowings to come down.
If a bank has a TCE of 5%, it holds $100 million of assets (loans and securities) against $5 million of capital (the remaining $95 million could be customer and brokered deposits and other liabilities like FHLB advances).
Just wanted to ask a question on the FHLB contingent liquidity figure.
Silicon Valley Bank had $15 billion in outstanding loans from the San Francisco FHLB as of Dec. 31, 2022, and Silvergate owed $4.3 billion to the same bank.
“We appreciate all the hard work being done on the ground in these affected communities by the local financial institutions and nonprofit organizations that have rolled up their sleeves to assist,” said Sanjay Bhasin, president and CEO of FHLB Dallas.
We felt it necessary to fix this $1 billion of FHLB advances for a term to ensure that we took off the table some substantially higher level of Fed funds.