Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v3.4.0.3
OTHER BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 2016
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, 2016
               
Single maturity fixed rate advances
 
$
90,000
 
August 2016 to March 2020
     
1.69
%
Amortizable mortgage advances
   
4,840
 
March 2018 to July 2018
     
3.76
%
   
$
94,840
             

Principal Terms
Advance
Amount
 
 Range of Maturities
  Weighted
Average
Interest Rate
 
December 31, 2015
              
Single maturity fixed rate advances
 
$
90,000
 
August 2016 to March 2020
     
1.69
%
Amortizable mortgage advances
   
6,169
 
March 2018 to July 2018
     
3.78
%
   
$
96,169
             
Scheduled Repayments of FHLB Advances
Scheduled repayments of FHLB advances as of March 31, 2016 were as follows (in thousands):

2016
 
$
20,667
 
2017
   
2,055
 
2018
   
52,118
 
2019
   
10,000
 
2020
   
10,000
 
Thereafter
   
---
 
   
$
94,840