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Federal Home Loan Bank Advances
 6 Months Ended
Jun. 30, 2011
Deposits, Federal Home Loan Bank Advances and Regulatory Matters [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES
7.   FEDERAL HOME LOAN BANK ADVANCES
 
    Our outstanding balances at June 30, 2011 totaled $45.0 million and mature at varying dates from March 2012 through January 2014, with fixed rates of interest from 3.04% to 4.42% and averaging 3.57%. At December 31, 2010, outstanding balances totaled $65.0 million with maturities ranging from June 2011 through January 2014, with fixed rates of interest from 3.04% to 4.42% and averaging 3.73%.
 
    Each advance is payable at its maturity date, and is subject to a prepayment fee if paid prior to the maturity date. The advances are collateralized by residential mortgage loans, first mortgage liens on multi-family residential property loans, first mortgage liens on commercial real estate property loans, and substantially all other assets of our bank, under a blanket lien arrangement. Our borrowing line of credit as of June 30, 2011 totaled about $133 million, with availability approximating $88 million.
 
    Maturities of currently outstanding FHLB advances during the next 60 months are:
         
2011
  $ 0  
2012
    30,000,000  
2013
    10,000,000  
2014
    5,000,000  
2015
    0