Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v3.10.0.1
OTHER BORROWED FUNDS (Tables)
6 Months Ended
Jun. 30, 2018
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
 
June 30, 2018
             
Single maturity fixed rate advances
 
$
45,000
 
September 2018 to May 2023
   
1.78
%
Amortizable mortgage advances
   
667
 
July 2018
   
3.63
%
Putable advances
   
20,000
 
November 2024
   
1.81
%
   
$
65,667
           
 
 
Principal Terms
 
Advance
Amount
 
 
Range of Maturities
Weighted
Average
Interest Rate
 
December 31, 2017
               
Single maturity fixed rate advances
 
$
70,000
 
February 2018 to April 2021
   
1.59
%
Amortizable mortgage advances
   
2,118
 
March 2018 to July 2018
   
3.78
%
Putable advances
   
20,000
 
November 2024
   
1.81
%
   
$
92,118
           
Repayments of FHLB Advances
Scheduled repayments of FHLB advances as of June 30, 2018 were as follows (in thousands):
 
2018
 
$
20,667
 
2019
   
10,000
 
2020
   
---
 
2021
   
10,000
 
2022
   
---
 
Thereafter
   
25,000
 
   
$
65,667