Borrowings (Tables)

3 Months Ended

Mar. 31, 2014

Amount of FHLB of Indianapolis/Pittsburgh Stock Purchased, Collateral Pledged and Assets Related to MICO's/Atlantic States Agreement

The table below presents the amount of FHLB of Indianapolis stock MICO purchased, collateral pledged and assets related to MICO’s membership at March 31, 2014.


FHLB stock purchased and owned as part of the agreement	$	252,100
Collateral pledged, at par (carrying value $2,777,078)		3,700,000
Borrowing capacity currently available		2,395,543

The table below presents the amount of FHLB of Pittsburgh stock Atlantic States purchased, collateral pledged and assets related to Atlantic States’ membership in the FHLB of Pittsburgh at March 31, 2014.


FHLB stock purchased and owned as part of the agreement	$	870,300
Collateral pledged, at par (carrying value $16,028,983)		19,000,000
Borrowing capacity currently available		125,191