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Other Borrowings
12 Months Ended
Dec. 31, 2019
Other Borrowings [Abstract]  
Other Borrowings
Other Borrowings

At December 31, 2019, and 2018, the Bank maintained credit facilities with the FHLB totaling $588.7 million and $554.8 million, respectively. The credit facility was collateralized by $240.8 million of single-family residential mortgages, $186.9 million of commercial real estate loans and $79.0 million of multifamily loans under a blanket lien arrangement at December 31, 2019. At December 31, 2018, the credit facility was collateralized by $216.4 million of single-family residential mortgages, $180.8 million of commercial real estate loans, and $74.2 million of multifamily loans under a blanket lien arrangement. The Bank also had $115.1 million unused line-of-credit facilities with other financial institutions at December 31, 2019, with interest payable at the then stated rate.

Summary information related to outstanding advances at the FHLB during the years ended December 31, 2019, and 2018 consisted of the following:
 
 
Year ended December 31,
 
 
2019
 
2018
 
 
(Dollars in thousands)
Maximum borrowing outstanding at any month end
 
$
184,500

 
$
224,000

Average borrowing outstanding during year
 
129,899

 
183,667

Balance outstanding at end of year
 
137,700

 
146,500

Average rate paid during the year
 
2.09
%
 
1.92
%
Weighted-average rate paid at end of year
 
1.84

 
2.62

 
 
 
 
 

Scheduled maturities of Federal Home Loan Bank outstanding advances at December 31, 2019, were as follows:
Year Ended December 31,
 
Balance Due
 
Weighted Average Interest Rate at December 31, 2019
(Dollars in thousands)
FHLB overnight Fed Funds
 
$
26,700

 
1.73
%
2020
 
111,000

 
1.87

 
 
$
137,700