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BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2017
BORROWINGS  
Schedule of borrowings

Borrowings consist of the following at March 31, 2017 and December 31, 2016 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

    

March 31,

 

December 31,

 

 

    

2017

    

2016

    

 

 

 

 

 

 

 

 

Federal Home Loan Bank fixed rate advances

 

$

45,000

 

$

45,000

 

Correspondent bank line of credit

 

 

 —

 

 

750

 

Correspondent bank term note

 

 

20,649

 

 

21,199

 

USDA Rural Development note

 

 

630

 

 

630

 

 

 

 

 

 

 

 

 

 

 

$

66,279

 

$

67,579