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FEDERAL HOME LOAN BANK ADVANCES (Tables)
12 Months Ended
Dec. 31, 2016
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of Federal Home Loan Bank (FHLB) advances at year end

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Maturities from March 2017 through September 2025, primarily fixed rates from 0.97% to 2.67%, averaging 1.75%

  

$

249,658

 

 

 —

 

Maturities from June 2016 through September 2025, primarily fixed rates from 0.58% to 4.80%, averaging 1.53%

  

 

 —

 

$

269,488

 

 

 

$

249,658

 

$

269,488

 

 

Schedule of required payments over the next five years

 

 

 

 

 

2017

    

$

20,000

 

2018

 

 

45,000

 

2019

 

 

60,000

 

2020

 

 

55,000

 

2021

 

 

20,000

 

Thereafter

 

 

50,000

 

 

 

$

250,000

 

Restructuring prepayment penalty

 

 

(342)

 

 

 

$

249,658