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, 2013
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, 2013
 
 
 
Single maturity fixed rate advances
  
$
80,000
  
August 2016 to February 2019
    
1.69
%
Amortizable mortgage advances
    
10,658
  
March 2018 to July 2018
    
3.77
%
 
  
$
90,658
  
 
        
 
 
Principal Terms
Advance
Amount
  
 
Range of Maturities
Weighted Average
Interest Rate
  
 
 
 
 
December 31, 2012
 
 
 
Single maturity fixed rate advances
  
$
80,000
  
May 2015 to September 2016
    
1.70
%
Amortizable mortgage advances
    
11,822
  
March 2018 to July 2018
    
3.78
%
 
  
$
91,822
  
 
        
Scheduled repayments of FHLB advances
Scheduled repayments of FHLB advances as of June 30, 2013 were as follows (in thousands):

2013
  
$
667
  
2014
    
1,884
  
2015
    
1,938
  
2016
    
21,996
  
2017
    
2,055
  
Thereafter
    
62,118
  
 
  
$
90,658