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ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) (Tables)
9 Months Ended
Sep. 30, 2016
Summary of Advances from FHLB
The following is a summary of the advances from the FHLB:
September 30, December 31,
(Dollars in thousands)20162015
Fixed-rate advances from FHLB, with a weighted-
average interest rate of 1.40% (December 31, 2015 - 1.30%)$355,000$455,000
Advances from FHLB Mature
Advances from FHLB mature as follows:
(In thousands)September 30, 2016
Over six months to one year$200,000
Over one year to three years25,000
Over three to four years130,000
Total$355,000