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FEDERAL HOME LOAN BANK ADVANCES (Tables)
12 Months Ended
Dec. 31, 2019
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of advances from the Federal Home Loan Bank

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

Short-Term Advances

 

 

 

 

 

 

 

Maturities in January, March and May 2020, fixed rates from 1.73% to 2.26% with a weighted-average rate of 1.80% as of 12/31/19 and 2.57% as of 12/31/18

 

$

25,000

 

$

11,600

 

Long-Term Advances

 

 

 

 

 

 

 

Maturities range from January 2020 through March 2030, fixed rates from 1.40% to 5.37%, with a weighted-average rate of 2.13% as of 12/31/19 and 2.05% as of 12/31/18

 

 

91,418

 

 

88,852

 

 

Schedule of scheduled principal payments due on advances

 

 

 

 

2020

 

$

45,934

2021

 

 

18,661

2022

 

 

18,500

2023

 

 

14,445

2024

 

 

13,798

Thereafter

 

 

5,080

 

 

$

116,418