XML 37 R20.htm IDEA: XBRL DOCUMENT v3.6.0.2
LONG-TERM DEBT
12 Months Ended
Dec. 31, 2016
LONG-TERM DEBT.  
LONG-TERM DEBT

NOTE 11: LONG-TERM DEBT

 

Long-term debt consisted of the following at December 31, 2016 and 2015:

 

 

 

 

 

 

 

 

 

(In thousands)

    

2016

    

2015

 

Federal Home Loan Bank Amortizing Notes, payable through March  2029, Rates ranging from 1.50% to 2.50%

 

 

2,151

 

 

2,237

 

Federal Home Loan Bank Advance, maturing November 2017, rate of 1.35% at December 31, 2016 and maturities ranging from January 2016 to November 2017 and rates ranging from 0.80% to 1.35% at December 31, 2015

 

 

1,500

 

 

3,001

 

Total

 

$

3,651

 

$

5,238

 

 

There were no prepayment penalties incurred during 2016, 2015 or 2014.

 

Contractual maturities and amortization of long-term debt subsequent to December 31, 2016, are as follows:

 

 

 

 

 

 

(In thousands)

    

Amount

 

2017

 

$

1,587

 

2018

 

 

89

 

2019

 

 

91

 

2020

 

 

92

 

2021

 

 

94

 

2022 and after

 

 

1,698

 

Total due

 

$

3,651