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Other Borrowings
12 Months Ended
Dec. 31, 2015
Other Borrowings [Abstract]  
Other Borrowings
Other Borrowings

At December 31, 2015, and 2014, the Bank maintained credit facilities with the FHLB totaling $342.5 million and $227.3 million, respectively. Outstanding advances totaled $125.5 million at December 31, 2015 and carried a weighted-average interest rate of 0.97%. At December 31, 2014, outstanding advances totaled $135.5 million with a weighted-average interest rate of 0.95%. The credit facility was collateralized by a market value of $162.8 million of single-family residential mortgages, $134.1 million of commercial real estate loans and $68.2 million of multifamily loans under a blanket lien arrangement at December 31, 2015. At December 31, 2014, the credit facility was collateralized by a market value of $171.7 million of single-family residential mortgages, $105.8 million of commercial real estate loans, and $74.2 million of multifamily loans under a blanket lien arrangement. The Bank also had $35.0 million unused line-of-credit facilities with other financial institutions at December 31, 2015, with interest payable at the then stated rate.

Outstanding advances consisted of the following at December 31, 2015, and 2014:
December 31, 2015
Maturity Date 
 
Principal Balance 
 
Fixed Interest Rate 
(Dollars in thousands)
03/2016
 
$
34,000

 
0.81
05/2016
 
20,000

 
0.70
10/2016
 
10,000

 
1.02
11/2016
 
20,000

 
0.84
04/2017
 
20,000

 
0.87
06/2018
 
6,500

 
1.52
11/2018
 
5,000

 
1.76
05/2019
 
10,000

 
1.70
 
 
$
125,500