ADVANCES FROM FEDERAL HOME LOAN BANK OF SEATTLE (Tables)

12 Months Ended

Dec. 31, 2014

Advances from Federal Home Loan Banks [Abstract]

Schedule of Federal Home Loan Bank Advances, Fiscal Year Maturity

At December 31, 2014 and 2013, FHLB advances were scheduled to mature as follows (dollars in thousands):

	December 31
	2014				2013
	Amount		Weighted Average Rate		Amount		Weighted Average Rate
Maturing in one year or less	$	32,000	0.27	%	$	27,000	0.23	%
Maturing after one year through three years	—		—		—		—
Maturing after three years through five years	—		—		—		—
Maturing after five years	196		5.94		203		5.94
Total FHLB advances, at par	32,196		0.27		27,203		0.27
Fair value adjustment	54				47
Total FHLB advances, carried at fair value	$	32,250			$	27,250

Schedule of Federal Home Loan Bank Advances, Activity for Year

The maximum, average outstanding and year-end balances (excluding fair value adjustments) and average interest rates on advances from the FHLB were as follows at or for the years ended December 31, 2014, 2013 and 2012 (dollars in thousands):

	At or For the Years Ended December 31
	2014			2013			2012
Maximum outstanding at any month end, at par	$	105,450		$	60,377		$	10,216
Average outstanding, at par	39,121			18,935			10,215
Year-end outstanding, at par	32,196			27,203			10,210
Weighted average interest rates:
Annual	0.32		%	0.52		%	2.49		%
End of period	0.27		%	0.27		%	2.45		%
Interest expense during the period	$	125		$	99		$	254