Advances From Federal Home Loan Bank (FHLB) And Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014
Year Ending December 31	Amount		Weighted Rate
2015	$	15,000,000	2.61	%
2016	20,000,000		4.61	%
2017	12,900,000		4.38	%
2018	5,000,000		3.39	%
	$	52,900,000	3.87	%

Callable FHLB advances



As of December 31, 2014
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, 2014, the Bank prepaid one FHLB advance totaling $5.0 million and incurred $178,000 in prepayment penalties related to this prepayment. During the year ended December 31, 2013, the Bank prepaid six FHLB advances totaling $30.0 million and incurred $589,000 in prepayment penalties. The Bank did not prepay any FHLB advances during the nine months ended December 31, 2012.