Long-Term Borrowings	9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]
Long-term Borrowings	Long-term borrowings: There were $43 million in long-term Federal Home Loan Bank Advances at September 30, 2019 with a weighted average interest rate of 1.78%. Long-term Federal Home Loan Bank Advances were $3.8 million at December 31, 2018. In addition, the Company had a Trust Preferred Debenture with an outstanding balance of $2.3 million at September 30, 2019 and December 31, 2018. The final maturity of this Debt is December 31, 2036. Long-term and short-term FHLB advances are secured by a blanket pledge of residential mortgage, commercial real estate, and multi-family loans totaling $587.1 million and $552.6 million at September 30, 2019 and December 31, 2018, respectively. Based on this collateral, the Bank is eligible to borrow an additional $519.1 million at September 30, 2019. Each advance is subject to a prepayment penalty if paid prior to its maturity date.

Long-Term Borrowings

9 Months Ended

Sep. 30, 2019

Long-term borrowings:

There were $43 million in long-term Federal Home Loan Bank Advances at September 30, 2019 with a weighted average interest rate of 1.78%. Long-term Federal Home Loan Bank Advances were $3.8 million at December 31, 2018. In addition, the Company had a Trust Preferred Debenture with an outstanding balance of $2.3 million at September 30, 2019 and December 31, 2018. The final maturity of this Debt is December 31, 2036.

Long-term and short-term FHLB advances are secured by a blanket pledge of residential mortgage, commercial real estate, and multi-family loans totaling $587.1 million and $552.6 million at September 30, 2019 and December 31, 2018, respectively. Based on this collateral, the Bank is eligible to borrow an additional $519.1 million at September 30, 2019. Each advance is subject to a prepayment penalty if paid prior to its maturity date.