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FEDERAL HOME LOAN BANK ADVANCES (Tables)
12 Months Ended
Dec. 31, 2012
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of maturities of advances from FHLB

 

 

 

At December 31,

 

 

 

2012

 

2011

 

 

 

 

 

Weighted

 

 

 

Weighted

 

 

 

 

 

Average

 

 

 

Average

 

 

 

Amount

 

Rate

 

Amount

 

Rate

 

 

 

(Dollars in thousands)

 

Within one year(1)

 

$

7,500

 

3.33

%

$

500

 

1.96

%

Greater than one year to two years

 

3,000

 

2.50

 

16,000

 

3.65

 

Greater than two years to three years

 

1,500

 

2.34

 

3,500

 

2.67

 

Greater than three years to four years

 

3,500

 

2.42

 

1,500

 

2.95

 

Greater than four years to five years

 

4,500

 

2.70

 

—

 

—

 

After five years(2)

 

3,600

 

3.65

 

3,600

 

3.65

 

 

 

23,600

 

2.95

 

25,100

 

3.44

 

 

 

 

 

 

 

 

 

 

 

Amortizing advance

 

—

 

—

 

21

 

4.90

 

 

 

 

 

 

 

 

 

 

 

Total long-term FHLB advances

 

$

23,600

 

2.95

%

$

25,121

 

3.44

%

 

 

(1)   At December 31, 2012, includes a $1,500,000 advance callable by the FHLB prior to maturity on September 9, 2013 with a rate of 2.89%.

(2)   At December 31, 2012, includes a $1,500,000 advance callable by the FHLB prior to maturity on July 17, 2018 with a rate of 3.75%.