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FEDERAL HOME LOAN BANK TERM ADVANCES AND OVERNIGHT ADVANCES (Tables) | 12 Months Ended
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Dec. 31, 2017
Advances from Federal Home Loan Banks [Abstract] |
Schedule of Federal Home Loan Bank Advances | The following is a summary of FHLBNY fixed rate advances at December 31, 2017 and 2016. The carrying amount includes the advance balance plus purchase accounting adjustments that are amortized over the term of the advance (in thousands):
2017
Amount |  | Rate |  | Maturity Date |  | Call Date
$ | 57,700 |  |  | 1.53 | % |  | January 2, 2018 |  | -
2,000 |  |  | 3.05 | % |  | January 2, 2018 |  | -
$ | 59,700 |  |  | 1.58 | % |  |  |  |
2016
Amount |  | Rate |  | Maturity Date |  | Call Date
$ | 4,041 |  |  | 3.90 | % |  | October 19, 2017 |  | January 19, 2017
3,031 |  |  | 2.91 | % |  | December 4, 2017 |  | March 3, 2017
2,021 |  |  | 3.05 | % |  | January 2, 2018 |  | April 1, 2017
$ | 9,093 |  |  | 3.38 | % |  |  |  |
Federal Home Loan Bank, Advances | Payments over the next five years are as follows:
Year |  | Amount
2018 |  | $ | 59,700 |
2019 |  | — |
2020 |  | — |
2021 |  | — |
2022 |  | — |
Total |  | $ | 59,700 |

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