Borrowings consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest Expense | | Interest Expense | | | At | | At | | Three months ended | | Six months ended | | | June 30, | | December 31, | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | Federal funds purchased and securities sold under agreements to repurchase | | $ | — | | $ | — | | $ | — | | $ | 1,260 | | $ | — | | $ | 2,670 | | Federal Home Loan Bank of New York advances | | $ | — | | $ | — | | $ | — | | $ | 1,829 | | $ | — | | $ | 4,584 | | | | | | | | | | | | | | | | | | | | | | Secured and other borrowings: | | | | | | | | | | | | | | | | | | | | Secured borrowings | | $ | 15,938 | | $ | 10,975 | | | N.M. | | | N.M. | | | N.M | | | N.M | |
N.M. – not meaningful
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