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FEDERAL HOME LOAN BANK ADVANCES (Tables)
12 Months Ended
Dec. 31, 2020
FEDERAL HOME LOAN BANK ADVANCES.  
Schedule of FHLB advances

Year Ended December 31, 

 

(Dollars in thousands)

    

2020

    

2019

 

Average daily balance during the year

$

284,719

$

245,283

Average interest rate during the year

 

1.40

%  

 

1.86

%

Maximum month-end balance during the year

$

340,000

$

435,000

Weighted average interest rate at year-end

 

0.35

%  

 

1.82

%

Schedule of contractual maturities and weighted average interest rates of FHLB advances

December 31, 2020

 

(Dollars in thousands)

Weighted

 

Contractual Maturity

    

Amount

    

Average Rate

 

Overnight

$

%

2021

 

215,000

 

0.35

Total FHLB advances

$

215,000

 

0.35

%

December 31, 2019

 

(Dollars in thousands)

Weighted

 

Contractual Maturity

    

Amount

    

Average Rate

 

Overnight

$

195,000

1.81

%

2020

 

240,000

 

1.84

Total FHLB advances

$

435,000

 

1.82

%