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Borrowing Arrangements
12 Months Ended
Dec. 31, 2015
Banking and Thrift [Abstract]  
Borrowing Arrangements
BORROWING ARRANGEMENTS
 
Federal Home Loan Bank Advances - As of December 31, 2015 and 2014, the Company had no Federal Home Loan Bank (FHLB) of San Francisco advances.
 
Approximately $215,223,000 in loans were pledged under a blanket lien as collateral to the FHLB for the Bank’s remaining borrowing capacity of $308,356,000 as of December 31, 2015. FHLB advances are also secured by investment securities with amortized costs totaling $750,000 and $1,256,000 and market values totaling $825,000 and $1,364,000 at December 31, 2015 and 2014, respectively.  The Bank’s credit limit varies according to the amount and composition of the investment and loan portfolios pledged as collateral.
As of December 31, 2015 and 2014, the Company had no Federal funds purchased.

Lines of Credit - The Bank had unsecured lines of credit with its correspondent banks which, in the aggregate, amounted to $40,000,000 at December 31, 2015 and 2014, at interest rates which vary with market conditions.  The Bank also had a line of credit in the amount of $2,328,000 and $2,441,000 with the Federal Reserve Bank of San Francisco at December 31, 2015 and 2014, respectively, which bears interest at the prevailing discount rate collateralized by investment securities with amortized costs totaling $2,578,000 and $2,729,000 and market values totaling $2,598,000 and $2,757,000, respectively.  At December 31, 2015 and 2014, the Bank had no outstanding short-term borrowings under these lines of credit.