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Borrowings (Tables)
3 Months Ended
Mar. 31, 2016
Banking And Thrift [Abstract]  
Contractual Maturity Information Regarding Repurchase Agreements

The following table presents contractual maturity information regarding the Company’s repurchase agreements:

 

 

March 31, 2016

 

 

December 31, 2015

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

Weighted Average

 

 

Balance

 

 

Contractual Rate

 

 

Balance

 

 

Contractual Rate

 

Within 30 days

$

10,669,354

 

 

 

0.66

%

 

$

12,693,883

 

 

 

0.64

%

30 days to 3 months

 

500,000

 

 

 

0.90

%

 

 

-

 

 

 

0.00

%

3 months to 36 months

 

250,000

 

 

 

0.79

%

 

 

750,000

 

 

 

0.75

%

 

$

11,419,354

 

 

 

0.67

%

 

$

13,443,883

 

 

 

0.65

%