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Federal Home Loan Bank Advances (Tables) | 12 Months Ended
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Dec. 31, 2016
Federal Home Loan Bank Advances |
Schedule of advances from the FHLB |
|  | At or For the Year Ended |
|  | 2016 |  | 2015 |
|  | (Dollars in thousands) |
FHLB Advances: |  |  |  |  |  |  |
Average balance outstanding during the year |  | $ | 71,940 |  | $ | 80,875 |
Maximum amount outstanding at any month-end during the year |  | $ | 85,000 |  | $ | 84,500 |
Balance outstanding at end of year |  | $ | 85,000 |  | $ | 72,000 |
Weighted average interest rate at end of year |  |  | 1.94 | % |  | 2.15 | %
Average cost of advances during the year |  |  | 2.13 | % |  | 2.24 | %
Weighted average maturity (in months) |  |  | 13 |  |  | 24 |
Schedule of required payments of Federal Home Loan Bank advances |
|  | Amount |
|  | (In thousands) |
2017 |  | $ | 49,500 |
2018 |  |  | 27,500 |
2019 |  |  | 8,000 |
2020 |  |  | - |
2021 |  |  | - |
​ | ​ | ​ | ​ | ​
|  | $ | 85,000 |
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​

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