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Other Borrowings
6 Months Ended
Jun. 30, 2016
Text Block [Abstract]  
Other Borrowings

Note 6. Other Borrowings

The Bank had unused lines of credit totaling $118.6 million and $128.1 million available with non-affiliated banks at June 30, 2016 and December 31, 2015, respectively. These amounts primarily consist of a blanket floating lien agreement with the Federal Home Loan Bank of Atlanta (FHLB) in which the Bank can borrow up to 19% of its total assets. The unused line of credit with FHLB totaled $74.5 million at June 30, 2016. The Bank had collateral pledged on the borrowing line at June 30, 2016 and December 31, 2015 including real estate loans totaling $108.0 million and $105.1 million, respectively, and Federal Home Loan Bank stock with a book value of $1.1 million and $466 thousand, respectively.

At June 30, 2016, the Bank had borrowings from the FHLB totaling $12.0 million which matured July 1, 2016. The interest rate on this note payable was 0.57%. The Bank did not have borrowings from the FHLB at December 31, 2015.