XML 25 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
Borrowings
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Borrowings
Borrowings
Federal Home Loan Bank Advances
Advances payable to the FHLBB amounted to $671.6 million and $379.0 million, respectively, at September 30, 2016 and December 31, 2015.

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

$217,685

 
0.72
%
2017
100,075

 
1.16

2018
78,134

 
1.35

2019
120,758

 
1.67

2020
38,983

 
2.21

2021 and thereafter
115,980

 
3.30

Balance at September 30, 2016

$671,615

 
1.56
%


As of September 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 $611.4 million and $644.8 million, respectively. The Bank pledges certain qualified investment securities and loans as collateral to the FHLBB.