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FHLB Advances and Other Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Federal Home Loan Banks [Abstract]  
FHLB Advances and Other Borrowings
FHLB advances and other borrowings consisted of the following:
 
As of December 31,
 
2015
 
2014
 
(In thousands)
FHLB advances
$
170,000

 
$
150,000

Total FHLB advances
$
170,000

 
$
150,000

Summary of Contractual Maturities Pertaining to FHLB
FHLB advances represent collateralized obligations with the FHLB. The following is a summary of contractual maturities pertaining to FHLB advances:
Year of Maturity
Amount
 
Weighted-
Average
Interest
Rate
 
(In thousands)
2015
$
170,000

 
0.27
%
Total
$
170,000

 
0.27
%
Summary of Financial Data Pertaining to Federal Home Loan Bank Advances
The following is financial data pertaining to FHLB advances:
 
As of December 31,
 
2015
 
2014
 
2013
 
(In thousands)
Weighted-average interest rate at end of year
0.27
%
 
0.27
%
 
0.16
%
Weighted-average interest rate during the year
0.20
%
 
0.21
%
 
2.28
%
Average balance of FHLB advances
$
38,110

 
$
69,781

 
$
6,573

Maximum amount outstanding at any month-end
$
180,000

 
$
150,000

 
$
127,546