Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v3.8.0.1
OTHER BORROWED FUNDS (Tables)
9 Months Ended
Sep. 30, 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):
 
             
Weighted
 
   
Advance
     
Average
 
Principal Terms
 
Amount
 
Range of Maturities
 
Interest Rate
 
September 30, 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
%
   
$
 72,118
           
 
             
Weighted
 
   
Advance
     
Average
 
Principal Terms
 
Amount
 
Range of Maturities
 
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 September 30, 2017 were as follows (in thousands):
 
2017
 
$
---
 
2018
   
52,118
 
2019
   
10,000
 
2020
   
---
 
2021
   
10,000
 
Thereafter
   
---
 
   
$
72,118