Federal Home Loan Bank Advances and Short-Term Borrowings (Tables)

3 Months Ended

Mar. 31, 2016

Advances from Federal Home Loan Banks [Abstract]

Federal Home Loan Bank Advances Owed

The FHLB advances as of March 31, 2016 and December 31, 2015 consisted of the following:

(Dollars in thousands)
Contractual Outstanding Amount
March 31, 2016		Maturity Date	Interest Rate as of March 31, 2016
40,000		November 25, 2016	0.44%	(1 Month FRC + 2 bps)*
387		November 6, 2017	0.50%
50,000		November 20, 2017	0.42%	(1 Month FRC + 2 bps)*
50,000		November 23, 2018	0.42%	(1 Month FRC + 2 bps)*
50,000		December 31, 2019	0.39%	(1 Month FRC + 2 bps)*
60,000		May 28, 2020	0.44%	(1 Month FRC + 2 bps)*
150,000		August 11, 2020	0.44%	(1 Month FRC + 2 bps)*
462		February 10, 2026	—%
$	400,849

(Dollars in thousands)
Contractual Outstanding Amount
December 31, 2015		Maturity Date	Interest Rate as of December 31, 2015
$	60,000	May 19, 2016	0.49%
40,000		November 25, 2016	0.40%	(1 Month FRC + 2 bps)*
426		November 6, 2017	0.50%
50,000		November 20, 2017	0.42%	(1 Month FRC + 2 bps)*
50,000		November 23, 2018	0.40%	(1 Month FRC + 2 bps)*
50,000		December 31, 2019	0.37%	(1 Month FRC + 2 bps)*
60,000		May 28, 2020	0.40%	(1 Month FRC + 2 bps)*
150,000		August 11, 2020	0.44%	(1 Month FRC + 2 bps)*
472		February 10, 2026	—%
$	460,898

(*) FRC = FHLB Fixed Rate Credit interest rate.