Note 13 – Borrowings


	December 31 2015		December 31 2014
Federal Home Loan Bank advances, variable and fixed rates ranging from 0.45% to 7.53%, due at various dates through November 15, 2024	$	158,948	$	116,473
Securities sold under agreements to repurchase		154,399		139,725
Federal funds purchased		136,000		95,000

Total borrowings	$	449,347	$	351,198

The Federal Home Loan Bank advances are secured by first and second mortgage loans and mortgage warehouse loans totaling approximately $404.3 million. Advances are subject to restrictions or penalties in the event of prepayment.

At December 31, 2015, the Bank had available approximately $253.2 million in credit lines with various money center banks, including the FHLB.

Contractual maturities in years ending December 31 are as follows:


2016	$	298,235
2017		48,948
2018		28,541
2019		56,777
2020		11,598
Thereafter		5,248

	$	449,347