Advances from FHLB totaled $105.0 million at December 31, 2019, with a weighted average interest rate of 3.20 percent. Advances from FHLB totaled $108.0 million at December 31, 2018, with a weighted average interest rate of 3.17 percent.

At December 31, 2019, advances totaling $105.0 million, with a weighted average rate of 3.20 percent, have fixed maturity dates. At December 31, 2018, advances totaling $108.0 million, with a weighted average rate of 3.17 percent, have fixed maturity dates. At December 31, 2019, the fixed rate advances were secured by blanket pledges of certain 1-4 family residential mortgages totaling $347.5 million, multifamily mortgages totaling $773.1 million and securities totaling $154.3 million, while at December 31, 2018, the fixed rate advances were secured by blanket pledges of certain 1-4 family residential mortgages totaling $496.1 million, multifamily mortgages totaling $1.0 billion and securities totaling $58.5 million.

The scheduled principal repayments and maturities of advances as of December 31, 2019 are as follows:

(In thousands)
2020	$	—
2021		60,000
2022		20,000
2023		25,000
2024		—
Over 5 years		—
Total	$	105,000

Short-term borrowings consisted of overnight borrowings with the FHLB of $113.1 million with a rate of 1.81 percent and a one-month FHLB advance of $15.0 million with a rate of 1.79 percent. The one-month FHLB advance is part of an interest rate swap designated as a cash flow hedge. The cash flow hedge has a term of four years. There were no short-term or overnight borrowings with the FHLB as of December 31, 2018. At December 31, 2019, unused short-term or overnight borrowing commitments totaled $1.3 billion from the FHLB, $22.0 million from correspondent banks and $1.5 billion at the Federal Reserve Bank of New York.