Borrowings (Tables)

12 Months Ended

Dec. 31, 2017

Borrowings [Abstract]

Schedule of Short-term Borrowings

Short-term borrowings are summarized as follows:

(in thousands)	December 31, 2017		December 31, 2016
Federal Home Loan Bank advances	$	15,500	$	6,500
Line of credit		-		-
Total short-term borrowings	$	15,500	$	6,500

Short-term Borrowings

The following schedule provides certain information about First Guaranty's short-term borrowings for the periods indicated:

	December 31,
(in thousands except for %)	2017			2016			2015
Outstanding at year end	$	15,500		$	6,500		$	1,800
Maximum month-end outstanding	$	28,000		$	25,000		$	13,800
Average daily outstanding	$	5,833		$	8,775		$	4,217
Weighted average rate during the year		1.06	%		0.85	%		2.12	%
Weighted average rate at year end		1.51	%		0.65	%		4.50	%

Obligations on Senior Long-term Debt and Junior Subordinated Debentures

As of December 31, 2017 obligations on senior long-term debt and junior subordinated debentures totaled $37.4 million. The scheduled maturities are as follows:

(in thousands)	Senior Long-term Debt			Junior Subordinated Debentures
2018	$	2,941		$	-
2019		2,941			-
2020		2,941			-
2021		2,941			-
2022		2,941			-
2023 and thereafter		8,089			15,000
Subtotal	$	22,794		$	15,000
Debt issuance costs		(20	)		(336	)
Total	$	22,774		$	14,664