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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2019
BORROWINGS  
Schedule of borrowings

Borrowings consist of the following at December 31 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

    

2018

Federal Home Loan Bank fixed rate advances

$

64,148

 

$

57,060

USDA Rural Development note

 

403

 

 

476

 

$

64,551

 

$

57,536

 

Schedule of maturities and principal payments of borrowings outstanding

Maturities and principal payments of borrowings outstanding at December 31, 2019 are as follows (dollars in thousands):

 

 

 

 

 

 

2020

    

$

10,968

 

2021

 

 

25,114

 

2022

 

 

80

 

2023

 

 

308

 

2024

 

 

25,081

 

Thereafter

 

 

3,000

 

 

 

 

 

 

Total

 

$

64,551