FEDERAL HOME LOAN BANK TERM ADVANCES AND OVERNIGHT ADVANCES (Tables)

12 Months Ended

Dec. 31, 2017

Advances from Federal Home Loan Banks [Abstract]

Schedule of Federal Home Loan Bank Advances

The following is a summary of FHLBNY fixed rate advances at December 31, 2017 and 2016.  The carrying amount includes the advance balance plus purchase accounting adjustments that are amortized over the term of the advance (in thousands):

2017
Amount		Rate		Maturity Date	Call Date
$	57,700	1.53	%	January 2, 2018	-
2,000		3.05	%	January 2, 2018	-
$	59,700	1.58	%

2016
Amount		Rate		Maturity Date	Call Date
$	4,041	3.90	%	October 19, 2017	January 19, 2017
3,031		2.91	%	December 4, 2017	March 3, 2017
2,021		3.05	%	January 2, 2018	April 1, 2017
$	9,093	3.38	%

Federal Home Loan Bank, Advances

Payments over the next five years are as follows:

Year	Amount
2018	$	59,700
2019	—
2020	—
2021	—
2022	—
Total	$	59,700