XML 24 R14.htm IDEA: XBRL DOCUMENT v3.4.0.3
Borrowings
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Borrowings
Borrowings
Federal Home Loan Bank Advances
Advances payable to the FHLBB amounted to $487.2 million and $379.0 million, respectively, at March 31, 2016 and December 31, 2015.

The following table presents maturities and weighted average interest rates on FHLBB advances outstanding as of March 31, 2016:
(Dollars in thousands)
Total Outstanding
 
Weighted
Average Rate
April 1, 2016 to December 31, 2016

$239,508

 
0.70
%
2017
27,575

 
2.24
%
2018
43,134

 
1.53
%
2019
28,258

 
3.14
%
2020
32,733

 
2.36
%
2021 and thereafter
115,981

 
3.30
%
Balance at March 31, 2016

$487,189

 
1.74
%


As of March 31, 2016 and December 31, 2015, the Bank had access to a $40.0 million unused line of credit with the FHLBB and also had remaining available borrowing capacity of $676.7 million and $644.8 million. The Bank pledges certain qualified investment securities and loans as collateral to the FHLBB.