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Borrowings
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Borrowings

Note 13 – Borrowings

 

     December 31      December 31  
     2017      2016  

Federal Home Loan Bank advances, variable and fixed rates ranging from 0.93% to 7.53%, due at various dates through November 15, 2024

   $ 336,308      $ 124,034  

Securities sold under agreements to repurchase

     61,097        57,144  

Federal Reserve Bank discount window

     11,000        —    

Federal funds purchased

     143,252        66,811  

Notes payable,variable rate of 2.75%, due at various dates through July 13, 2019

     12,500        19,500  
  

 

 

    

 

 

 

Total borrowings

   $ 564,157      $ 267,489  
  

 

 

    

 

 

 

The Federal Home Loan Bank advances are secured by first and second mortgage loans and mortgage warehouse loans totaling approximately $503.8 million. Advances are subject to restrictions or penalties in the event of prepayment.

At December 31, 2017, the Bank had available approximately $127.2 million in credit lines with various money center banks, including the FHLB.

Contractual maturities in years ending December 31 are as follows:

 

2018

   $ 430,078  

2019

     69,252  

2020

     37,472  

2021

     5,042  

2022

     12,154  

Thereafter

     10,159  
  

 

 

 
   $ 564,157