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Long-Term Borrowings
12 Months Ended
Dec. 31, 2012
Long-Term Borrowings [Abstract]  
LONG-TERM BORROWINGS

(10) LONG-TERM BORROWINGS

The Company has a line of credit from the Federal Home Loan Bank (“FHLB”) of Topeka, Kansas to use for liquidity or to match-fund certain long-term fixed rate loans. The Company’s assets, including residential first mortgages of $525.1 million, are pledged as collateral for the borrowings under the line of credit. As of December 31, 2012, the Company had the ability to draw up to $33.0 million on the FHLB line of credit based on FHLB stock holdings of $2.1 million with approximately $9.2 million in advances outstanding. The advances mature at varying dates through 2014 and had rates between 1.7% and 3.4% at December 31, 2012.

The following table shows the contractual maturities of the long-term borrowings at December 31, 2012, (Dollars in thousands):

 

         

2013

  $ 5,178  

2014

    4,000  
   

 

 

 

Total

  $ 9,178