Annual report pursuant to Section 13 and 15(d)

FHLB Advances and Other Borrowings (Tables)

v2.4.1.9
FHLB Advances and Other Borrowings (Tables)
 12 Months Ended
Dec. 31, 2014
Banking and Thrift [Abstract]  
FHLB Advances and Other Borrowings

FHLB advances and other borrowings consisted of the following:

 

     As of December 31,  
     2014      2013  
     (In thousands)  

FHLB advances

    $ 150,000       $ 127,546   
  

 

 

     

 

 

  

Total FHLB advances

 $ 150,000    $ 127,546   
  

 

 

     

 

 

  
Summary of Contractual Maturities Pertaining to FHLB

FHLB advances represent collateralized obligations with the FHLB. The following is a summary of contractual maturities pertaining to FHLB advances:

 

            Weighted-  
            Average  
            Interest  

Year of Maturity

    Amount      Rate  
     (In thousands)  

2015

    $ 150,000         0.27 % 
  

 

 

     

 

 

  

Total

 $ 150,000      0.27 % 
  

 

 

     

 

 

  
Summary of Financial Data Pertaining to Federal Home Loan Bank Advances

The following is financial data pertaining to FHLB advances:

 

     Year Ended December 31,  
     2014     2013     2012  
     (In thousands)  

Weighted-average interest rate at end of year

      0.27 %      0.16 %      5.27 % 

Weighted-average interest rate during the year

      0.21 %      2.28 %      5.27 % 

Average balance of FHLB advances

    $ 69,781      $ 6,573      $ 3,354   

Maximum amount outstanding at any month-end

    $ 150,000      $ 127,546      $ 3,273