Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2019

Federal Home Loan Bank Advances

Schedule of advances from the FHLB

	At or For the Year Ended
	2019			2018
	(Dollars in thousands)
FHLB Advances:
Average balance outstanding during the year	$	77,049		$	74,729
Maximum amount outstanding at any month-end during the year	$	84,000		$	98,000
Balance outstanding at end of year	$	84,000		$	70,000
Weighted average interest rate at end of year		2.32	%		2.51	%
Average cost of advances during the year		2.42	%		2.13	%
Weighted average contractual maturity (in months)		18			24

Schedule of required payments of Federal Home Loan Bank advances

	Amount
	(In thousands)
2020	$	33,500
2021		22,500
2022		18,000
2023		5,000
2024		5,000
	$	84,000