Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v3.7.0.1
OTHER BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 2017
OTHER BORROWED FUNDS [Abstract]  
Advances from Federal Home Loan Bank
At period-end, advances from the Federal Home Loan Bank were as follows (dollars in thousands):

 
Principal Terms
Advance
Amount
 
Range of Maturities
 Weighted
Average
Interest Rate
 
March 31, 2017
                 
Single maturity fixed rate advances
 
$
100,000
 
April 2017 to April 2021
   
1.41
%
Amortizable mortgage advances
   
2,785
 
March 2018 to July 2018
   
3.75
%
   
$
102,785
           

 
Principal Terms
 
Advance
Amount
 
 
Range of Maturities
 Weighted
Average
Interest Rate
 
December 31, 2016
                 
Single maturity fixed rate advances
 
$
80,000
 
February 2018 to April 2021
   
1.60
%
Amortizable mortgage advances
   
4,173
 
March 2018 to July 2018
   
3.78
%
   
$
84,173
           
Scheduled Repayments of FHLB Advances
Scheduled repayments of FHLB advances as of March 31, 2017 were as follows (in thousands):

2017
 
$
20,667
 
2018
   
52,118
 
2019
   
10,000
 
2020
   
10,000
 
2021
   
10,000
 
Thereafter
   
---
 
   
$
102,785