Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2015

Federal Home Loan Bank Advances [Abstract]

Federal Home Loan Bank Advances Maturities Summary [Table Text Block]

The following table presents the terms of all FHLB long-term advances as of December 31, 2015 and 2014.

		December 31, 2015					December 31, 2014
Maturity		Interest	Effective				Interest		Effective
Date	Variable/Fixed	Rate	Rate (1)	Balance			Rate		Rate (1)		Balance
1/29/2018	Fixed (2)	2.70%	2.70%	$	25,000		2.70	%	2.70	%	$	25,000
12/23/2019	Variable	0.86%	2.83%	25,000			0.54	%	3.94	%	25,000
6/22/2020	Variable	0.88%	3.02%	25,000			0.56	%	2.40	%	25,000
9/21/2020	Variable	0.88%	4.44%	30,000			0.56	%	2.48	%	30,000
				105,000							105,000
Discount for modification				(6,615		)					(8,112		)
Total FHLB advances, net of discount				$	98,385						$	96,888

(1) The effective interest rate for the variable rate advances includes the effects of the discount fee amortization and interest rate swaps.

(2) Callable quarterly.