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Federal Home Loan Bank Advances
9 Months Ended
Jun. 30, 2013
Banking and Thrift [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES
A summary of Federal Home Loan Bank advances at June 30, 2013 and September 30, 2012 was as follows:
 
As of
 
Weighted Average Rate
 
As of
 
Weighted Average Rate
Maturing during the fiscal year
June 30,
 
 
September 30,
 
Ended September 30,
2013
 
 
2012
 
2013
$
15,450

 
0.18
%
 
$
22,100

 
1.34
%
2014
2,500

 
0.53
%
 
8,650

 
3.31
%
2015
10,000

 
0.75
%
 
11,500

 
1.18
%
2016
11,600

 
1.01
%
 
7,000

 
0.96
%
After 2016
13,400

 
1.93
%
 

 
NA

Total fixed maturity
$
52,950

 
 
 
$
49,250

 
 
Advances with amortizing principal

 
 
 

 
 
Total
$
52,950

 
 
 
$
49,250

 
 

At June 30, 2013, the Bank’s available and unused portion of this borrowing arrangement was approximately $120,183.
Maximum month-end amounts outstanding were $52,950 and $35,100 during the nine month periods ended June 30, 2013 and 2012, respectively.
Each advance is payable at the maturity date, with a prepayment penalty for fixed rate advances. Federal Home Loan Bank advances are secured by $240,462 of real estate mortgage loans.