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FEDERAL HOME LOAN BANK ADVANCES & OTHER BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2020
FEDERAL HOME LOAN BANK ADVANCES & OTHER BORROWINGS  
Schedule of advances from the Federal Home Loan Bank

 

 

 

 

 

 

 

(Dollars in thousands)

    

June 30, 2020

    

December 31, 2019

Convertible advance with Bermudan option maturing August 6, 2029; fixed rate of 0.85%

 

$

20,000

 

$

20,000

Convertible advance with Bermudan option maturing November 7, 2029; fixed rate of 0.68%

 

 

30,000

 

 

30,000

Convertible advance with Bermudan option maturing December 5, 2029; fixed rate of 0.75%

 

 

10,000

 

 

10,000

Convertible advance with Bermudan option maturing February 1, 2030; fixed rate of 0.59%

 

 

20,000

 

 

 —

Total FHLB advances

 

$

80,000

 

$

60,000