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FEDERAL HOME LOAN BANK ADVANCES (Tables)
12 Months Ended
Dec. 31, 2016
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of advances from the Federal Home Loan Bank

At year-end, advances from the Federal Home Loan Bank were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Long Term Advances

 

 

 

 

 

 

 

Maturities range from June 2017 through March 2030, fixed rates from 1.00% to 6.86%, averaging 1.75% in 2016 and 1.77% in 2015

 

$

92,500

 

$

87,833

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of scheduled principal payments due on advances

Scheduled principal payments due on advances during the years subsequent to December 31, 2016 are as follows

(in thousands):

 

 

 

 

 

 

2017

 

$

15,656

 

2018

 

 

17,691

 

2019

 

 

12,433

 

2020

 

 

19,275

 

2021

 

 

7,401

 

Thereafter

 

 

20,044

 

 

 

 

 

 

 

 

$

92,500