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FHLB Advances and Other Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2014
Banking and Thrift [Abstract] |
FHLB Advances and Other Borrowings | FHLB advances and other borrowings consisted of the following:
|  | As of December 31, |
|  | 2014 |  |  | 2013 |
|  | (In thousands) |
FHLB advances |  | $ | 150,000 |  |  | $ | 127,546 |
Total FHLB advances |  | $ | 150,000 |  |  | $ | 127,546 |
Summary of Contractual Maturities Pertaining to FHLB | FHLB advances represent collateralized obligations with the FHLB. The following is a summary of contractual maturities pertaining to FHLB advances:
|  |  |  |  | Weighted- |
|  |  |  |  | Average |
|  |  |  |  | Interest |
Year of Maturity |  | Amount |  |  | Rate |
|  | (In thousands) |
2015 |  | $ | 150,000 |  |  |  | 0.27 | %
Total |  | $ | 150,000 |  |  |  | 0.27 | %
Summary of Financial Data Pertaining to Federal Home Loan Bank Advances | The following is financial data pertaining to FHLB advances:
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
|  | (In thousands) |
Weighted-average interest rate at end of year |  |  | 0.27 | % |  |  | 0.16 | % |  |  | 5.27 | %
Weighted-average interest rate during the year |  |  | 0.21 | % |  |  | 2.28 | % |  |  | 5.27 | %
Average balance of FHLB advances |  | $ | 69,781 |  |  | $ | 6,573 |  |  | $ | 3,354 |
Maximum amount outstanding at any month-end |  | $ | 150,000 |  |  | $ | 127,546 |  |  | $ | 3,273 |

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