Quarterly report pursuant to Section 13 or 15(d)

OTHER BORROWED FUNDS (Tables)

v3.5.0.2
OTHER BORROWED FUNDS (Tables)
6 Months Ended
Jun. 30, 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
 
June 30, 2016
             
Single maturity fixed rate advances
 
$
100,000
 
August 2016 to April 2021
   
1.66
%
Amortizable mortgage advances
   
4,840
 
March 2018 to July 2018
   
3.76
%
   
$
104,840
           
 
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 June 30, 2016 were as follows (in thousands):
 
2016
 
$
20,667
 
2017
   
2,055
 
2018
   
52,118
 
2019
   
10,000
 
2020
   
10,000
 
Thereafter
   
10,000
 
   
$
104,840