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SHORT-TERM FEDERAL HOME LOAN BANK ADVANCES
12 Months Ended
Dec. 31, 2016
Advances from Federal Home Loan Banks [Abstract]  
SHORT-TERM FEDERAL HOME LOAN BANK ADVANCES
SHORT-TERM FEDERAL HOME LOAN BANK ADVANCES
 
Short-term FHLB advances totaled $25.0 million at December 31, 2015.  There were no short-term FHLB advances outstanding at December 31, 2016. The short-term FHLB advances at December 31, 2015 consisted of one FHLB advance with a maturity of 4 months at a fixed interest rate of 0.30%.
 
The short-term and long-term FHLB advances at December 31, 2016 and 2015 are collateralized by a blanket lien on first mortgages and other qualifying loans totaling $265.9 million and $268.6 million, respectively.
 
As of December 31, 2016 and 2015, the Company had $240.9 million and $218.5 million, respectively, of additional FHLB advances available.