Off-Balance Sheet Activities

Some financial instruments, such as loan commitments, credit lines, letters of credit, and overdraft protection, are issued to meet customer financing needs. These are agreements to provide credit or to support the credit of others, as long as conditions established in the contract are met, and usually have expiration dates. Commitments may expire without being used. Off-balance sheet risk to credit loss exists up to the face amount of these instruments, although material losses are not anticipated. The same credit policies are used to make such commitments as are used for loans, including obtaining collateral at exercise of the commitment.

The contractual amount of financial instruments with off-balance sheet risk was as follows at December 31, 2018 and 2017:



	2018				2017
	Fixed Rate		Variable Rate		Fixed Rate		Variable Rate
Commitments to make loans	$	46,265	$	191,803	$	46,701	$	196,449
Unused lines of credit	14,390		429,456		14,565		373,618
Standby letters of credit	14,831		1,479		13,706		1,524

Commitments to make loans are generally made for periods of 60 days or less. The fixed rate loan commitments at December 31, 2018 have interest rates ranging from 2.45% to 18.00% and maturities ranging from one year to 35 years. The fixed rate loan commitments at December 31, 2017 have interest rates ranging from 1.00% to 18.00% and maturities ranging from eight months to 35 years.

The Corporation makes investments in limited partnerships, including certain small business investment corporations and low income housing partnerships. As of December 31, 2018 and 2017, unfunded capital commitments totaled $3,905 and $3,500, respectively for the small business investment corporations and $1,434 and $2,468 for the low income housing partnerships, respectively. At December 31, 2018 and 2017, capital contributions to the small business investment corporations were $6,595 and $4,500, respectively and capital contributions to the low income housing partnerships were $4,566 and $3,532, respectively.