Long-Term Borrowings	3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]
Long-term Borrowings	Long-term borrowings: There were $67.7 million in long-term Federal Home Loan Bank Advances at March 31, 2020 with a weighted average interest rate of 1.39%. Long-term Federal Home Loan Bank Advances were $42.8 million at December 31, 2019. In addition, the Company had two Trust Preferred Debentures with an outstanding balance of $9.2 million at March 31, 2020 and $2.1 million at December 31, 2019. 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 $575.1 million and $577.9 million at March 31, 2020 and December 31, 2019, respectively. Based on this collateral, the Bank is eligible to borrow an additional $492.4 million at March 31, 2020. Each advance is subject to a prepayment penalty if paid prior to its maturity date.

Long-Term Borrowings

3 Months Ended

Mar. 31, 2020

Long-term borrowings:

There were $67.7 million in long-term Federal Home Loan Bank Advances at March 31, 2020 with a weighted average interest rate of 1.39%. Long-term Federal Home Loan Bank Advances were $42.8 million at December 31, 2019. In addition, the Company had two Trust Preferred Debentures with an outstanding balance of $9.2 million at March 31, 2020 and $2.1 million at December 31, 2019. 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 $575.1 million and $577.9 million at March 31, 2020 and December 31, 2019, respectively. Based on this collateral, the Bank is eligible to borrow an additional $492.4 million at March 31, 2020. Each advance is subject to a prepayment penalty if paid prior to its maturity date.