XML 65 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Advances From Federal Home Loan Bank (FHLB) And Other Borrowings (Tables)
12 Months Ended
Dec. 31, 2013
Banking and Thrift [Abstract]  
Advances from the FHLB summarized by year of maturity and weighted average interest rate
Advances from the FHLB are summarized by year of maturity and weighted average interest rate below:
 
December 31, 2013
Year Ending December 31
Amount
 
Weighted Rate
2014
$
34,840,058

 
1.64
%
2015
15,000,000

 
4.01
%
2016
20,000,000

 
4.61
%
2017
12,900,000

 
4.38
%
2018
5,000,000

 
3.39
%
Thereafter

 
%
 
$
87,740,058

 
3.23
%
 
December 31, 2012
Year Ending December 31
Amount
 
Weighted Rate
2013
$
22,100,000

 
2.92
%
2014
30,257,182

 
3.33
%
2015
15,000,000

 
4.01
%
2016
20,000,000

 
4.60
%
2017
12,900,000

 
4.38
%
Thereafter
5,000,000

 
3.39
%
 
$
105,257,182

 
3.72
%
Callable FHLB advances
As of December 31, 2013
Borrow Date
 
Maturity Date
 
Amount
 
Int. Rate
 
Type
 
Call Dates
11/23/05
 
11/23/15
 
$5,000,000
 
3.933%
 
Multi-Call
 
05/23/08 and quarterly thereafter
07/11/06
 
07/11/16
 
5,000,000
 
4.800%
 
Multi-Call
 
07/11/08 and quarterly thereafter
11/29/06
 
11/29/16
 
5,000,000
 
4.025%
 
Multi-Call
 
05/29/08 and quarterly thereafter
05/24/07
 
05/24/17
 
7,900,000
 
4.375%
 
Multi-Call
 
05/27/08 and quarterly thereafter
07/25/07
 
07/25/17
 
5,000,000
 
4.396%
 
Multi-Call
 
07/25/08 and quarterly thereafter

During the year ended December 31, 2013, the Bank prepaid six FHLB advances totaling $30.0 million and incurred$589,000 in prepayment penalties related to these prepayments. The Bank did not prepay any FHLB advances during the nine months ended December 31, 2012 or the year ended March 31, 2012.
(10)         Advances From Federal Home Loan Bank (FHLB) And Other Borrowings, Continued

As of December 31, 2012
Borrow Date
 
Maturity Date
 
Amount
 
Int. Rate
 
Type
 
Call Dates
11/23/05
 
11/23/15
 
$5,000,000
 
3.933%
 
Multi-Call
 
05/23/08 and quarterly thereafter
07/11/06
 
07/11/16
 
5,000,000
 
4.800%
 
Multi-Call
 
07/11/08 and quarterly thereafter
11/29/06
 
11/29/16
 
5,000,000
 
4.025%
 
Multi-Call
 
05/29/08 and quarterly thereafter
05/24/07
 
05/24/17
 
7,900,000
 
4.375%
 
Multi-Call
 
05/27/08 and quarterly thereafter
07/25/07
 
07/25/17
 
5,000,000
 
4.396%
 
Multi-Call
 
07/25/08 and quarterly thereafter
08/28/08
 
08/28/13
 
5,000,000
 
3.113%
 
Multi-Call
 
08/30/10 and quarterly thereafter