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Federal Home Loan Bank Advances (Tables)
12 Months Ended
Dec. 31, 2015
Banking and Thrift [Abstract]  
Summary of Federal Home Loan Bank Advances

At December 31, 2015 and December 31, 2014, advances from the FHLB, along with their rate and maturity date, consist of the following:

 

Advance Amount at     Interest
Rate
    Final
Maturity
December 31,      
2015     2014      
  $20,000,000      $ 20,000,000        2.53      January 9, 2018
Scheduled Payments for Next Five Years

The scheduled payments for the next five years are as follows:

 

Year

Due

   Payment  

2016

     —     

2017

     —     

2018

   $ 20,000,000   

2019

     —     

2020

     —