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Long Term Debt (Tables)
3 Months Ended
Mar. 31, 2017
Advances of Long Term Debt

The nine advances are shown in the following table.

 

Description

   Balance      Originated      Current
Interest Rate
    Maturity
Date
 

Adjustable Rate Hybrid

   $ 10,000,000        4/12/2013        3.40178     4/13/2020  

Fixed Rate Credit

     5,000,000        12/21/2015        0.99000     6/15/2017  

Fixed Rate Credit

     5,000,000        12/22/2015        1.08000     9/15/2017  

Fixed Rate Credit

     5,000,000        1/17/2017        0.91000     10/1/2017  

Fixed Rate Credit

     5,000,000        1/20/2017        0.99500     12/20/2017  

Fixed Rate Credit

     10,000,000        3/1/2017        0.79000     5/29/2017  

Fixed Rate Credit

     5,000,000        3/6/2017        0.71000     4/5/2017  

Fixed Rate Credit

     10,000,000        3/30/2017        0.90000     4/28/2017  

Fixed Rate Credit

     5,000,000        3/31/2017        0.89000     5/1/2017  
  

 

 

         
   $ 60,000,000          
  

 

 

         
Subordinated Debt
(Dollars in thousands)    Balance as of  
   March 31, 2017  

6.5% Subordinated Debt

   $ 7,000  

Less: Issuance costs

     (136
  

 

 

 
   $ 6,864