NOTE 12 – FEDERAL HOME LOAN BANK OF BOSTON ADVANCES AND OTHER BORROWED FUNDS (Tables)

12 Months Ended

Dec. 31, 2020

Federal Home Loan Bank of Boston (“FHLBB”) advances

Federal Home Loan Bank of Boston (“FHLBB”) advances are as follows:

	December 31, 2020				December 31, 2019
Years ended December 31, (dollars in thousands)		Total (1)	Rate (2)			Total (1)	Rate (2)
Overnight	$	-	-	%	$	-	-	%
2020		-	-			44,899	2.14
2021		4,984	1.13			5,988	2.45
2022		7,655	1.38			-	-
Total	$	12,639	1.29	%	$	50,887	2.18	%

(1) Net of modification costs.

(2) Weighted average rate based on scheduled maturity dates.