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Other Borrowed Funds
 9 Months Ended
Sep. 30, 2019
Other Borrowed Funds [Abstract]  
Other Borrowed Funds
Note 11 - Other Borrowed Funds
Other Borrowings of $129.6 million at September 30, 2019 are composed of advances from the Federal Home Loan Bank of Atlanta (“FHLB”). The Company utilizes the FHLB advance programs to fund loan growth and provide liquidity. Other borrowings increased $56.5 million from $73.1 million at December 31, 2018.
FHLB advances outstanding and related terms at September 30, 2019 and December 31, 2018 are shown in the following tables:
 
(In thousands)
      
FHLB Advances Outstanding

September 30, 2019
 
Type advance
  
Balance
   
Interest rate
  
Maturity date
 
Fixed rate
  $15,000    2.31%   October 1, 2019 
Fixed rate
   5,000    2.58%   October 4, 2019 
Fixed rate
   5,000    2.15%   October 16, 2019 
Fixed rate
   4,000    2.59%   October 23, 2019 
Fixed rate
   3,500    2.58%   October 30, 2019 
Fixed rate
   25,000    2.24%   November 4, 2019 
Fixed rate
   10,000    2.13%   November 29, 2019 
Fixed rate
   7,000    2.51%   November 29, 2019 
Fixed rate
   10,000    2.46%   December 4, 2019 
Daily rate
   10,000    2.07%   December 30, 2019 
Fixed rate
   26,100    2.49%   May 4, 2020 
Fixed rate
   5,000    1.99%   May 6, 2020 
Fixed rate
   4,000    2.15%   September 9, 2020 
   
 
 
          
FHLB Advances, net
  $129,600          
   
 
 
          
 
(In thousands)
      
FHLB Advances Outstanding

December 31, 2018
 
Type advance
  
Balance
   
Interest rate
  
Maturity date
 
Fixed rate
  $5,000    2.42%   January 3, 2019 
Fixed rate
   2,800    2.40%   January 7, 2019 
Fixed rate
   4,500    2.38%   January 9, 2019 
Fixed rate
   5,000    2.46%   January 16, 2019 
Fixed rate
   1,200    2.49%   January 18, 2019 
Fixed rate
   8,000    2.47%   January 31, 2019 
Fixed rate
   3,000    2.51%   March 8, 2019 
Fixed rate
   2,000    2.54%   March 19, 2019 
Fixed rate
   5,000    2.55%   April 1, 2019 
Fixed rate
   3,500    2.62%   April 30, 2019 
Fixed rate
   4,000    1.34%   May 31, 2019 
Fixed rate
   2,000    2.66%   June 19, 2019 
Fixed rate
   1,000    3.95%   August 27, 2019 
Daily rate
   22,100    2.65%   August 30, 2019 
Fixed rate
   4,000    2.13%   September 30, 2019 
   
 
 
          
FHLB Advances, net
  $73,100