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Long-term debt
12 Months Ended
Dec. 31, 2018
Long-term debt.  
Long-term debt

11. Long-term debt:

Long-term debt consisting of advances from the FHLB at December 31, 2018 and 2017 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate 

 

 

 

 

 

 

 

Due

 

Fixed 

 

Adjustable

 

2018

 

2017

 

April 2018

 

3.83

%  

 

 

$

 

 

 

40

 

December 2018

 

1.27

 

 

 

 

 

 

 

10,000

 

December 2019

 

 

 

4.28

%  

 

3,000

 

 

3,000

 

December 2019

 

 

 

4.01

 

 

6,300

 

 

6,300

 

December 2019

 

1.62

 

 

 

 

10,000

 

 

10,000

 

June 2020

 

1.74

 

 

 

 

5,000

 

 

5,000

 

December 2020

 

1.84

 

 

 

 

5,000

 

 

5,000

 

March 2023

 

4.69

 

 

 

 

8,606

 

 

10,394

 

 

 

 

 

 

 

$

37,906

 

$

49,734

 

Maturities of long-term debt, by contractual maturity, in years subsequent to December 31, 2018 are as follows:

 

 

 

 

 

 

2019

    

$

21,174

 

2020

 

 

11,963

 

2021

 

 

2,058

 

2022

 

 

2,156

 

2023

 

 

555

 

 

 

$

37,906

 

None of the advances from the FHLB are convertible. At December 31, 2018, long-term debt consist of $28,606 at fixed rates and $9,300 at adjustable rates which reset quarterly based on three-month Libor plus 1.21% to plus 1.57%.  There were no new long-term advances entered into with the FHLB during 2018 or 2017.