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FHLB Advances (Tables)
12 Months Ended
Dec. 31, 2019
FHLB Advances  
Schedule of Federal Home Loan Bank, Advances

FHLB advances consist of the following as of December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

2018

 

    

Rates

    

Amount

    

Rates

    

Amount

 

 

 

 

 

 

 

 

 

 

 

Fixed rate, fixed term advances

 

1.62% - 2.70%

 

$

7,500

 

1.42% - 2.70%

 

$

11,750

Fixed term advances with floating spread

 

1.69% - 2.09%

 

 

4,000

 

1.54% - 2.05%

 

 

6,000

 

 

  

 

 

  

 

  

 

 

  

 

 

  

 

$

11,500

 

  

 

$

17,750

 

Maturities of Federal Home Loan Bank Advances

The following is a summary of scheduled maturities of fixed term FHLB advances as of December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Rate Advances

 

Adjustable Rate Advances

 

 

 

 

    

Weighted

    

 

 

    

Weighted

    

 

 

    

Total

 

 

Average Rate

 

Amount

 

Average Rate

 

Amount

 

Amount

2020

 

2.34

%  

$

6,000

 

1.69

%  

$

2,000

 

$

8,000

2021

 

 —

%  

 

 —

 

2.09

%  

 

2,000

 

 

2,000

2022

 

1.71

%

 

1,500

 

 —

%  

 

 —

 

 

1,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

2.21

%  

$

7,500

 

1.89

%  

$

4,000

 

$

11,500