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Borrowings (Tables)
9 Months Ended
Sep. 30, 2019
Borrowings  
Schedule of federal home loan bank advances and junior subordinated debentures

First Defiance’s debt, FHLB advances and junior subordinated debentures owed to unconsolidated subsidiary trusts are comprised of the following:

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

    

2019

    

2018

 

 

(In Thousands)

FHLB Advances:

 

 

  

 

 

  

Single maturity fixed rate advances

 

$

84,000

 

$

59,000

Amortizable mortgage advances

 

 

1,117

 

 

1,213

Overnight advances

 

 

 —

 

 

25,000

Fair value adjustment on acquired balances

 

 

(22)

 

 

(24)

Total

 

$

85,095

 

$

85,189

Junior subordinated debentures owed to unconsolidated subsidiary trusts

 

$

36,083

 

$

36,083

 

Schedule of contractual maturity of the securities sold under agreements to repurchase

The remaining contractual maturity of the securities sold under agreements to repurchase in the consolidated balance sheets as of September 30, 2019 and December 31, 2018, is presented in the following tables.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Greater

 

 

 

 

 

Overnight and

 

Up to 30

 

 

 

 

than 90

 

 

 

 

    

Continuous

    

Days

    

30‑90 Days

    

Days

    

Total

At September 30, 2019

 

 

(In Thousands)

Repurchase agreements:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage-backed securities – residential

 

$

2,851

 

$

 —

 

$

 —

 

$

 —

 

$

2,851

Total borrowings

 

$

2,851

 

$

 —

 

$

 —

 

$

 —

 

$

2,851

Gross amount of recognized liabilities for repurchase agreements

 

 

  

 

 

  

 

 

  

 

 

  

 

$

2,851

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Greater

 

 

 

 

 

Overnight and

 

Up to 30

 

 

 

than 90

 

 

 

 

    

Continuous

 

   Days 

 

    30‑90 Days

 

    Days

 

Total

At December 31, 2018

 

 

(In Thousands)

Repurchase agreements:

 

 

 

  

 

 

  

 

 

  

 

 

  

 

 

Mortgage-backed securities – residential

 

$

4,199

 

$

 —

 

$

 —

 

$

 —

 

$

4,199

Collateralized mortgage obligations

 

 

1,542

 

 

 —

 

 

 —

 

 

 —

 

 

1,542

Total borrowings

 

$

5,741

 

$

 —

 

$

 —

 

$

 —

 

$

5,741

Gross amount of recognized liabilities for repurchase agreements

 

 

 

  

 

 

  

 

 

  

 

 

  

$

5,741