Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v3.8.0.1
OTHER BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 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):
 
             
Weighted
 
   
Advance
     
Average
 
Principal Terms
 
Amount
 
Range of Maturities
 
Interest Rate
 
March 31, 2018
             
Single maturity fixed rate advances
 
$
 60,000
 
April 2018 to April 2021
   
1.61
%
Amortizable mortgage advances
   
 667
 
July 2018
   
3.63
%
Putable advances
   
 20,000
 
November 2024
   
1.81
%
   
$
 80,667
           
 
             
Weighted
 
   
Advance
     
Average
 
Principal Terms
 
Amount
 
Range of Maturities
 
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
           
Scheduled Repayments of FHLB Advances
Scheduled repayments of FHLB advances as of March 31, 2018 were as follows (in thousands):
 
2018
 
$
40,667
 
2019
   
10,000
 
2020
   
---
 
2021
   
10,000
 
2022
   
---
 
Thereafter
   
20,000
 
   
$
80,667