XML 54 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Borrowings and Borrowings Availability (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of debt

The following tables present information regarding the Company’s outstanding borrowings at December 31, 2018 and 2017:

 

Description – 2018  Due date  Call Feature  2018
Amount		   Interest Rate
              
FHLB Term Note  1/10/2019  None  $68,000,000   2.47% fixed
FHLB Term Note  1/17/2019  None   135,000,000   2.49% fixed
FHLB Term Note  1/24/2019  None   20,000,000   2.54% fixed
FHLB Term Note  1/31/2019  None   20,000,000   2.53% fixed
FHLB Term Note  1/31/2019  None   10,000,000   2.53% fixed
FHLB Term Note  4/18/2019  None   50,000,000   2.36% fixed
FHLB Term Note  5/29/2020  None   40,000,000   1.62% fixed
FHLB Principal Reducing Credit  7/24/2023  None   210,000   1.00% fixed
FHLB Principal Reducing Credit  12/22/2023  None   1,065,000   1.25% fixed
FHLB Principal Reducing Credit  1/15/2026  None   7,500,000   1.98% fixed
FHLB Principal Reducing Credit  6/26/2028  None   255,000   0.25% fixed
FHLB Principal Reducing Credit  7/17/2028  None   61,000   0.00% fixed
FHLB Principal Reducing Credit  8/18/2028  None   188,000   1.00% fixed
FHLB Principal Reducing Credit  8/22/2028  None   188,000   1.00% fixed
FHLB Principal Reducing Credit  12/20/2028  None   379,000   0.50% fixed
Trust Preferred Securities  1/23/2034  Quarterly by Company
beginning 1/23/2009		   20,620,000   5.22% at 12/31/2018
adjustable rate
3 month LIBOR + 2.70%
Trust Preferred Securities  6/15/2036  Quarterly by Company
beginning 6/15/2011		   25,774,000   4.18% at 12/31/2018
adjustable rate
3 month LIBOR + 1.39%
Trust Preferred Securities  1/07/2035  Quarterly by Company
beginning 1/7/2010		   10,310,000   4.44% at 12/31/2018
adjustable rate
3 month LIBOR + 2.00%
Total borrowings / weighted average rate as of December 31, 2018  $409,550,000   2.68%
Unamortized discount on acquired borrowings     (2,941,000)   
Total borrowings        $406,609,000    

 

 

Description – 2017  Due date  Call Feature  2017
Amount		   Interest Rate
              
FHLB Term Note  1/05/2018  None  $135,000,000   1.36% fixed
FHLB Term Note  1/29/2018  None   68,000,000   1.41% fixed
FHLB Term Note  4/18/2018  None   50,000,000   1.25% fixed
FHLB Term Note  6/26/2018  None   20,000,000   1.67% fixed
FHLB Term Note  9/28/2018  None   10,000,000   1.52% fixed
FHLB Term Note  12/24/2018  None   20,000,000   1.57% fixed
FHLB Term Note  5/29/2020  None   40,000,000   1.62% fixed
FHLB Principal Reducing Credit  7/24/2023  None   250,000   1.00% fixed
FHLB Principal Reducing Credit  12/22/2023  None   1,100,000   1.25% fixed
FHLB Principal Reducing Credit  1/15/2026  None   8,500,000   1.98% fixed
FHLB Principal Reducing Credit  6/26/2028  None   264,000   0.25% fixed
FHLB Principal Reducing Credit  7/17/2028  None   66,000   0.00% fixed
FHLB Principal Reducing Credit  8/18/2028  None   195,000   1.00% fixed
FHLB Principal Reducing Credit  8/22/2028  None   195,000   1.00% fixed
FHLB Principal Reducing Credit  12/20/2028  None   391,000   1.50% fixed
Trust Preferred Securities  1/23/2034  Quarterly by Company
beginning 1/23/2009		   20,620,000   4.08% at 12/31/2017
adjustable rate
3 month LIBOR + 2.70%
Trust Preferred Securities  6/15/2036  Quarterly by Company
beginning 6/15/2011		   25,774,000   2.98% at 12/31/2017
adjustable rate
3 month LIBOR + 1.39%
Trust Preferred Securities  1/07/2035  Quarterly by Company
beginning 1/7/2010		   10,310,000   3.36% at 12/31/2017
adjustable rate
3 month LIBOR + 2.00%
Total borrowings / weighted average rate as of December 31, 2017  $410,665,000   1.72%
Unamortized discount on acquired borrowings   (3,122,000)   
Total borrowings        $407,543,000