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Advances from Federal Home Loan Bank
 12 Months Ended
Dec. 31, 2013
Advances from Federal Home Loan Bank [Abstract]  
Advances from Federal Home Loan Bank
11.  Advances from Federal Home Loan Bank

The advances from the FHLB that require monthly principal payments were due for repayment as follows:

   
Principal Payments Due by Period at December 31, 2013
 
(in thousands)
 
Total
  
Within 1 Year
  
2 Years
  
3 Years
  
4 Years
  
5 Years
  
After 5 Years
 
Outstanding advances, weighted average interest rate – 1.84%
 $1,286  $126  $114  $111  $98  $404  $433 

At December 31, 2012, CTBI had monthly amortizing FHLB advances totaling $1.4 million at a weighted average interest rate of 2.00%.
 
Advances totaling $1.3 million at December 31, 2013 were collateralized by FHLB stock of $25.7 million and a blanket lien on qualifying first mortgage loans.  As of December 31, 2013, CTBI had a $458.5 million FHLB borrowing capacity with $1.3 million in advances and $114.6 million in letters of credit used for public fund pledging leaving $342.6 million available for additional advances.  The advances had fixed interest rates ranging from 0.00% to 7.42% with a weighted average rate of 1.84%.  The advances are subject to restrictions or penalties in the event of prepayment.  There were no term advances at December 31, 2013 and 2012.