Borrowings

Federal Home Loan Bank Advances

Advances payable to the FHLBB amounted to $261.7 million and $288.1 million, respectively, at September 30, 2014 and December 31, 2013.

The following table presents maturities of FHLBB advances outstanding as of September 30, 2014:



(Dollars in thousands)	Total Outstanding		Weighted Average Rate
October 1, 2014 to December 31, 2014		$67,887	0.37	%
2015	9,069		1.12	%
2016	43,130		3.10	%
2017	41,045		3.16	%
2018	64,803		3.85	%
2019 and after	35,751		4.50	%
Balance at September 30, 2014		$261,685	2.71	%

As of September 30, 2014, the Bank also has access to an unused line of credit with the FHLBB amounting to $20.0 million. In addition, the FHLBB has issued standby letters of credit to depositor customers of the Bank to collateralize public deposits. The Bank’s FHLBB borrowings, line of credit and letters of credit are collateralized by a blanket pledge agreement on the Bank’s FHLBB stock, certain qualified investment securities and loans, as well as amounts maintained on deposit at the FHLBB. The Bank’s unused remaining available borrowing capacity at the FHLBB was approximately $674.3 million and $564.1 million, respectively, at September 30, 2014 and December 31, 2013.