XML 24 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
Borrowings
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Borrowings
Borrowings
Federal Home Loan Bank Advances
Advances payable to the FHLBB amounted to $640.0 million and $379.0 million, respectively, at June 30, 2016 and December 31, 2015.

The following table presents maturities and weighted average interest rates on FHLBB advances outstanding as of June 30, 2016:
(Dollars in thousands)
Total Outstanding
 
Weighted
Average Rate
July 1, 2016 to December 31, 2016

$377,330

 
0.71
%
2017
27,575

 
2.24

2018
53,134

 
1.45

2019
33,258

 
2.84

2020
32,733

 
2.36

2021 and thereafter
115,980

 
3.30

Balance at June 30, 2016

$640,010

 
1.50
%


As of June 30, 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 $523.3 million and $644.8 million, respectively. The Bank pledges certain qualified investment securities and loans as collateral to the FHLBB.