FHLB Advances and Other Borrowings

FHLB advances and other borrowings consist of the following at September 30, 2016 and 2015:



	September 30,
	2016		2015
	(dollars in thousands)
Notes payable to Federal Home Loan Bank (FHLB), interest rates from 0.53% to 3.66% and maturity dates from October 2016 to September 2023, collateralized by real estate loans and FHLB stock, with various call dates at the option of the FHLB	$	640,000	$	581,000
Federal Home Loan Bank fed funds advance, interest rate of 0.45%, maturity date of September 2017	231,000		—
Total	871,000		581,000
Fair value adjustment⁽¹⁾	$	37	$	—
Total FHLB advances and other borrowings	$	871,037	$	581,000

⁽¹⁾ Adjustment reflects the fair value adjustments related to the FHLB advances and notes payable assumed as part of the HF Financial acquisition.

In 2015, the Company obtained a $10.0 million revolving line of credit with a large retail bank, which is due on July 28, 2017. The line of credit has an interest rate of one month LIBOR plus 200 basis points, with interest payable monthly. There is also an unused line fee of 0.20% on the unused portion which is payable quarterly. The interest rate was 2.53% at September 30, 2016. There were no outstanding advances on this line of credit at September 30, 2016 and 2015.

As of September 30, 2016, based on our Federal Home Loan Bank stock holdings, the combined aggregate additional borrowing capacity of the Company with the Federal Home Loan Bank was $1.09 billion.

Principal balances of loans pledged to the Federal Home Loan Bank to collateralize notes payable totaled $3.11 billion and $2.29 billion at September 30, 2016 and 2015, respectively.

As of September 30, 2016, FHLB advances and other borrowings are due or callable (whichever is earlier) in subsequent fiscal years as follows:



	(dollars in thousands)
2017	$	260,000
2018	31,000
2019	—
2020	—
2021	70,000
2022 and thereafter	510,000
Total	$	871,000