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Borrowings (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Information Regarding FHLB Advances Outstanding

 

The following table presents information regarding the FHLB advances outstanding as of September 30, 2020.

 

 

 

 

 

 

 

 

 

Stated

 

 

Maturity

 

 

Balance

 

 

Originated

 

Interest Rate

 

 

Date

Convertible

 

$

10,000

 

 

2/28/2020

 

 

0.56

%

 

2/28/2030

Fixed rate credit

 

 

5,000

 

 

9/8/2020

 

 

0.24

%

 

10/8/2020

Fixed rate credit

 

 

10,000

 

 

9/24/2020

 

 

0.22

%

 

10/23/2020

Total FHLB borrowings

 

$

25,000