NOTE 8: LONG-TERM DEBT

Long-term debt consisted of the following at December 31, 2012 and 2011:



(In thousands)	2012		2011
FHLBB Note, 2.75%, final maturity April 2015	$	0	$	20,000
FHLBB Notes, payable through March 2029, Rates ranging from 1.50% to 2.50%		2,483		2,562
	$	2,483	$	22,562

Interest expense on FHLB debt totaled $363 thousand and $774 thousand for 2012 and 2011 respectively. Interest on Securities Sold Under Agreements to Repurchase totaled $0 and $141 thousand for 2012 and 2011, respectively.

During 2012, we prepaid $20.00 million in long-term debt and incurred prepayment penalties totaling $1.36 million. During 2011, we prepaid $16.00 million in long-term debt and incurred prepayment penalties of $861 thousand.

Contractual maturities and amortization of long-term debt subsequent to December 31, 2012, are as follows:



(In thousands)		Amount
2013	$	81
2014		82
2015		84
2016		85
2017		87
After 2017		2,064
Total due	$	2,483