Borrowings |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Borrowings | Borrowings Federal Home Loan Bank Advances Advances payable to the FHLBB amounted to $814.0 million and $848.9 million, respectively, at September 30, 2017 and December 31, 2016. The following table presents maturities and weighted average interest rates on FHLBB advances outstanding as of September 30, 2017:
As of September 30, 2017 and December 31, 2016, the Bank had access to a $40.0 million unused line of credit with the FHLBB and also had remaining available borrowing capacity of $420.1 million and $594.5 million, respectively. The Bank pledges certain qualified investment securities and loans as collateral to the FHLBB. |