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Federal Home Loan Bank Borrowings
6 Months Ended
Jun. 30, 2019
Advances from Federal Home Loan Banks [Abstract]  
Federal Home Loan Bank Advances, Disclosure [Text Block]
12.
Federal Home Loan Bank Borrowings
 
Total Federal Home Loan Bank (FHLB) borrowings and advances consist of the following (in thousands, except percentages):
 
 
 
At June 30, 2019
 
Type
 
Maturing
 
 
Amount
 
 
Weighted

Average Rate
 
Open Repo Plus
 
Overnight
 
 
$
35,190
 
 
 
2.46
%
Advances
 
2019
 
 
 
10,500
 
 
 
1.53
 
 
 
2020
 
 
 
16,729
 
 
 
1.74
 
 
 
2021
 
 
 
9,496
 
 
 
2.28
 
 
 
2022
 
 
 
9,831
 
 
 
2.68
 
 
 
2023
 
 
 
5,568
 
 
 
2.48
 
 
 
2024 and over
 
 
 
1,000
 
 
 
2.26
 
Total advances
 
 
 
 
 
 
53,124
 
 
 
2.06
 
Total FHLB borrowings
 
 
 
 
 
$
88,314
 
 
 
2.22
%
 
 
 
At December 31, 2018
 
Type
 
Maturing
 
 
Amount
 
 
Weighted

Average Rate
 
Open Repo Plus
 
Overnight
 
 
$
41,029
 
 
 
2.62
%
Advances
 
2019
 
 
 
12,500
 
 
 
1.51
 
 
 
2020
 
 
 
16,729
 
 
 
1.74
 
 
 
2021
 
 
 
9,496
 
 
 
2.28
 
 
 
2022
 
 
 
6,996
 
 
 
2.86
 
 
 
2023
 
 
 
1,000
 
 
 
2.86
 
Total advances
 
 
 
 
 
46,721
 
 
 
1.98
 
Total FHLB borrowings
 
 
 
 
$
87,750
 
 
 
2.28
%
 
The rate on Open Repo Plus advances can change daily, while the rates on the advances are fixed until the maturity of the advance. All FHLB stock along with an interest in certain residential mortgage, commercial real estate, and commercial and industrial loans with an aggregate statutory value equal to the amount of the advances are pledged as collateral to the FHLB of Pittsburgh to support these borrowings.