12.	LONG-TERM DEBT

The Company uses FHLB advances as an alternative to funding sources with similar maturities, such as certificates of deposit or other deposit programs. These advances generally offer more attractive rates than other mid-term financing options. They are also flexible, allowing the Company to quickly obtain the necessary maturities and rates that best suit its overall asset/liability strategy. FHLB advances with an original maturity of more than

one

year are classified as long-term. The Company did

not

have any long-term FHLB advances outstanding as of

December 31, 2018.

The Company had long-term FHLB advances outstanding of

$10.0

million as of

December 31, 2017.

The following summarizes information concerning long-term FHLB advances and other borrowings:

	2018			2017
	(Dollars in Thousands)
Balance at year-end	$	—		$	10,000
Average balance during the year	$	5,288		$	11,452
Maximum month-end balance during the year	$	10,000		$	15,000
Average rate paid during the year		1.90	%		1.55	%
Weighted average remaining maturity (in years)		N/A			0.83

Assets pledged (including loans and investment securities) associated with FHLB advances totaled

$27.0

million

and

$26.0

million as of

December 31, 2018

and

2017,

respectively. As of

December 31, 2018

and

2017,

the Bank had

$282.2

million a

$159.3

million, respectively, in remaining credit from the FHLB (subject to available collateral).