BORROWINGS

At March 31, 2016 and December 31, 2015, borrowed funds included the following FHLB advances (amounts in thousands):



Maturity	Interest Rate		March 31, 2016		December 31, 2015
February 22, 2016	0.48%	Fixed	$	—	$	10,000
May 12, 2016	0.59%	Fixed	10,000		—
August 9, 2017	0.73%	Fixed	10,000		—
August 14, 2017	3.94%	Fixed	5,000		5,000
February 5, 2018	2.06%	Fixed	10,000		10,000
June 5, 2018	2.25%	Fixed	5,000		5,000
June 5, 2018	2.55%	Fixed	5,000		5,000
June 5, 2018	3.03%	Fixed	5,000		5,000
September 10, 2018	3.14%	Fixed	10,000		10,000
September 18, 2018	2.71%	Fixed	10,000		10,000
			$	70,000	$	60,000

FHLB advances are secured by a floating lien covering the Company's loan portfolio of qualifying mortgage loans. At March 31, 2016, the Company had available lines of credit totaling $144.0 million with the FHLB for borrowing dependent on adequate collateralization. The weighted average rates for the above borrowings at March 31, 2016 and December 31, 2015 were 2.16% and 2.38%, respectively.

In addition to the above advances, the Company has lines of credit of $37.0 million from various financial institutions to purchase federal funds on a short-term basis. The Company has no federal funds purchases outstanding as of March 31, 2016.