Federal Home Loan Bank Advances (Tables)

9 Months Ended

Sep. 30, 2019

Federal Home Loan Banks [Abstract]

Summary of Federal Home Loan Bank Advances

Federal Home Loan Bank advances consist of the following:

	September 30, 2019				December 31, 2018
	Rate		Amount		Rate	Amount
	(dollars in thousands)
Open line of credit		—	$	—	2.61%	$	5,350
Fixed rate, fixed term advances		1.41%		7,000	1.13% to 1.50%		24,000
Advance structured note, payments due monthly, maturing February 2030		7.47%		633	7.47%		660
Total			$	7,633		$	30,010

Schedule of Maturities of Federal Home Loan Bank Advances

The scheduled maturities of Federal Home Loan Bank advances are presented below:

	September 30, 2019
	Weighted Average Rate			Amount
	(dollars in thousands)
2019		7.47	%	$	9
2020		7.47	%		39
2021		1.45	%		7,042
2022		7.47	%		46
2023		7.47	%		49
Thereafter		7.47	%		448
Total				$	7,633