Federal Home Loan Bank Advances

12 Months Ended

Dec. 31, 2017

Federal Home Loan Bank Advances [Abstract]

Federal Home Loan Bank Advances

Note 12:Federal Home Loan Bank Advances

FHLB advances maturing in years ending December 31 are as follows:

2018	$	67,630
2019		43,533
2020		46,500
2021		26,500
2022		13,000
Thereafter		20,000
	$	217,163

At December 31, 2017, the Company had pledged $361.4 million in qualifying first mortgage loans as collateral for advances and outstanding letters of credit.  Advances, at interest rates from 0.97% to 6.73% at December 31, 2017, were subject to restrictions or penalties in the event of prepayment.

At December 31, 2017, the Company had a total of $15.0 million in putable and $45.0 million in symmetrical advances with Federal Home Loan Bank.  The call dates for these advances range from 2020 through 2021 even though maturity dates extend beyond those dates.