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Long-term FHLB Advances | 12 Months Ended
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Dec. 31, 2019
Banking and Thrift [Abstract] |
Long-term FHLB Advances | Long-term FHLB AdvancesAs of December 31, 2019 and 2018, the Company’s long-term FHLB advances totaled $40,620,000 and $58,698,000, respectively. The following table summarizes long-term advances as of December 31, 2019.
(dollars in thousands) |  | Amount |  | Weighted Average Rate
Fixed rate advances maturing in: |  |  |  |
2020 |  | $ | 29,782 |  |  | 1.72 | %
2021 |  | 1,389 |  |  | 2.01 |
2022 |  | 5,900 |  |  | 2.08 |
2023 |  | 106 |  |  | 2.14 |
2024 |  | 599 |  |  | 2.26 |
Thereafter |  | 2,844 |  |  | 2.29 |
Total long-term FHLB advances |  | $ | 40,620 |  |  | 1.83 | %

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- Definition The entire disclosure for borrowing from the Federal Home Loan Bank, including: (i) general description; (ii) title and nature of obligation; (iii) interest rate; (iv) payment terms; (v) maturity dates by year; (vi) collateral requirements; (vii) restrictive covenants; (viii) priority; (ix) conversion or redemption features; (x) carrying value of assets pledged as collateral; (xi) combined aggregate maturities for next five years; (xii) unused or available balances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13(a)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822 + Details
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