Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v2.4.0.8
OTHER BORROWED FUNDS (Tables)
6 Months Ended
Jun. 30, 2014
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):
 
 
 
 
   
 
Weighted
 
 
 
Advance
 
 
 
Average
 
Principal Terms
 
Amount
 
Range of Maturities
 
Interest Rate
 
June 30, 2014
 
 
 
 
 
Single maturity fixed rate advances
 
$
80,000
 
August 2016 to February 2019
   
1.69
%
Amortizable mortgage advances
   
8,774
 
March 2018 to July 2018
   
3.77
%
 
 
$
88,774
 
 
       
 
 
 
 
   
 
Weighted
 
 
 
Advance
 
 
 
Average
 
Principal Terms
 
Amount
 
Range of Maturities
 
Interest Rate
 
December 31, 2013
 
 
 
 
 
Single maturity fixed rate advances
 
$
80,000
 
August 2016 to February 2019
   
1.69
%
Amortizable mortgage advances
   
9,991
 
March 2018 to July 2018
   
3.78
%
 
 
$
89,991
 
 
       
Scheduled repayments of FHLB advances
Scheduled repayments of FHLB advances as of June 30, 2014 were as follows (in thousands):
 
2014
 
$
667
 
2015
   
1,938
 
2016
   
21,996
 
2017
   
2,055
 
2018
   
52,118
 
Thereafter
   
10,000
 
 
 
$
88,774