Long term debit consists of various loans from the Federal Home Loan Bank. Repayment structures vary, ranging from monthly installments, annual payments or upon maturity. Interest payments are due monthly. Total borrowings were $25.5 million excluding $0.7 thousand for fair value related to the acquisition for December 31,2019 and there were no outstanding borrowings for 2018. The advances were secured by $42.1 and $14.9 million of mortgage loans as of December 31, 2019 and 2018, respectively under a blanket collateral agreement.

The advances are subject to pre-payment penalties and the provisions and conditions of the credit policy of the Federal Home Loan Bank.

The Bank had access to $69 million unsecured borrowings through correspondent banks as of both December 31, 2019 and December 31, 2018. $116.3 million and $73.7 million at the end of the same time periods, respectively, were unpledged securities which could be sold or used as collateral. An additional $1.6 million at December 31, 2019, and $9.0 million at December 31, 2018, were available from the Federal Home Loan Bank based on current pledging, with up to $97.0 million and $119.0 million, respectively, available provided adequate collateral is pledged. The table below shows the maturities of the borrowings exclusive of the fair value.

	(In Thousands)
2020	$	7,338
2021		-
2022		1,701
2023		1,500
2024		11,500
Thereafter		3,480
Total	$	25,519