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OTHER BORROWINGS:
 12 Months Ended
Dec. 31, 2020
Other Borrowings Disclosure [Abstract]  
OTHER BORROWINGS OTHER BORROWINGS:
Other borrowings at December 31, 2020 and 2019 are summarized as follows:
(Dollar amounts in thousands)20202019
FHLB advances$5,859 $20,796 
Junior subordinated debentures— 10,177 
TOTAL$5,859 $30,973 

The aggregate minimum annual retirements of other borrowings are as follows:
2021$— 
2022— 
20236 
2024— 
2025— 
Thereafter— 
 $6 
At December 31, 2020 and 2019, other borrowings are summarized as follows: The Corporation's subsidiary banks are members of the Federal Home Loan Bank (FHLB) and accordingly are permitted to obtain advances. There are $5.9 million of advances from the FHLB at December 31, 2020, and $20.8 million of advances at December 31, 2019, which accrue interest, payable monthly, at annual rates, primarily fixed, varying from 0.25% to 0.39% in 2020 and 2.3% to 2.8% during the year in 2019. FHLB advances are, generally, due in full at maturity. They are secured by eligible securities totaling $97.1 million at December 31, 2020, and $129.3 million at December 31, 2019, and a blanket pledge on real estate loan collateral. Based on this collateral and the Corporation's holdings of FHLB stock, the Corporation is eligible to borrow up to $397.1 million at year end
2020. Certain advances may be prepaid, without penalty, prior to maturity. The FHLB can adjust the interest rate from fixed to variable on certain advances, but those advances may then be prepaid, without penalty.