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Long-term Debt

The Bank is a member of the FHLB and through its membership, the Bank can access a number of credit products, which are utilized to provide liquidity. As of December 31, 2016 and 2015, the Bank had long-term debt outstanding in the amount of $13,581,000 and $40,305,000, respectively, consisting of:


	At December 31,
(Dollars in thousands)	2016		2015
Loans maturing in 2016 with rates ranging from 0.54% to 1.08%	$	—	$	26,521
Loans maturing in 2017 at a rate of 3.03%		1,016		1,016
Loan maturing in 2019 at a rate of 1.87%		10,000		10,000
Loan maturing in 2026 at a rate of 4.80%		2,504		2,703
Loan maturing in 2027 at a rate of 6.71%		61		65

	$	13,581	$	40,305

The aggregate principal amounts due on long-term debt subsequent to December 31, 2016 are $1,229,000 (2017), $223,000 (2018), $10,235,000 (2019), $246,000 (2020), $258,000 (2021), and $1,390,000 thereafter.