Borrowed Funds and Debt Obligations

3 Months Ended

Mar. 31, 2017

The scheduled maturities of advances from the FHLB at March 31, 2017 and December 31, 2016 are as follows:



	March 31, 2017				December 31, 2016
Year	Average Interest Rate		Amount		Average Interest Rate		Amount
2017	0.95	%	29,000		0.93	%	21,000
2018	0.72		49,000		0.44		49,000
2019	1.41		10,000		1.41		10,000
2020	—		—		—		—
2021	2.46		5,000		2.46		5,000
	0.96		$	93,000	0.79		$	85,000

At March 31, 2017 and December 31, 2016 no FHLB advances had any call provisions. The Company had two variable rate advances at March 31, 2017, both at 0.60%, and two at year-end 2016, both at 0.45%. The remaining advances are at fixed rates ranging from 0.75% to 2.46% at March 31, 2017 and 0.70% to 2.46% at year-end 2016.

As of March 31, 2017 and December 31, 2016, the Company had no outstanding loan agreements.