Borrowing Arrangements
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3 Months Ended |
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Mar. 31, 2015
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Banking and Thrift [Abstract] | |
Borrowing Arrangements | Borrowing Arrangements As of March 31, 2015 and December 31, 2014, the Company had no Federal Home Loan Bank (FHLB) of San Francisco advances. FHLB advances are secured under the standard credit and securities-backed credit programs. Investment securities with amortized costs totaling $1,078,000 and $1,256,000, and market values totaling $1,182,000 and $1,364,000 at March 31, 2015 and December 31, 2014, respectively, were pledged under the securities-backed credit program. The Bank’s credit limit varies according to the amount and composition of the investment and loan portfolios pledged as collateral. As of March 31, 2015 and December 31, 2014, the Company had no Federal funds purchased. |