Borrowings

Federal Home Loan Bank Advances

Advances payable to the FHLBB amounted to $381.6 million and $406.3 million, respectively, at September 30, 2015 and December 31, 2014.

The following table presents maturities and weighted average interest rates on FHLBB advances outstanding as of September 30, 2015:



(Dollars in thousands)	Total Outstanding		Weighted Average Rate
October 1, 2015 to December 31, 2015		$110,176	0.40	%
2016	48,792		0.91	%
2017	37,575		2.52	%
2018	78,134		2.31	%
2019	42,661		3.79	%
2020 and thereafter	64,311		3.76	%
Balance at September 30, 2015		$381,649	2.01	%

As of September 30, 2015 and December 31, 2014, the Bank also has access to an unused line of credit with the FHLBB amounting to $40.0 million. In addition, the FHLBB may issue standby letters of credit to depositor customers of the Bank to collateralize public deposits. The Bank’s FHLBB borrowings, line of credit and these letters of credit are collateralized by a blanket pledge agreement on the Bank’s FHLBB stock, certain qualified investment securities and loans, as well as amounts maintained on deposit at the FHLBB. The Bank’s unused remaining available borrowing capacity at the FHLBB was approximately $610.7 million and $569.4 million, respectively, at September 30, 2015 and December 31, 2014.