10.	LONG-TERM DEBT

The Company uses FHLB advances as an alternative to funding sources with similar maturities, such as certificates of deposit or other deposit programs. These advances generally offer more attractive rates than other mid-term financing options. They are also flexible, allowing the Company to quickly obtain the necessary maturities and rates that best suit its overall asset/liability strategy. The Company had long-term FHLB advances outstanding of $5.0 million as of both December 31, 2015 and 2014.

The following summarizes information concerning long-term FHLB advances and other borrowings:

	2015			2014
	(Dollars in Thousands)
Balance at year-end	$	5,000		$	5,000
Average balance during the year		4,178			5,000
Maximum month-end balance during the year		5,000			5,000
Average rate paid during the year		0.59	%		0.57	%
Weighted average remaining maturity	1.33 years			0.67 years

Assets pledged associated with FHLB advances totaled $14.0 million and $5.7 million as of December 31, 2015 and 2014, respectively. As of December 31, 2015 and 2014, the Bank had $152.5 million and $166.8 million, respectively, in remaining credit from the FHLB (subject to available collateral).