Long-term Debt
 12 Months Ended
Dec. 31, 2014
Long-term Debt  
Long-term Debt

 

Note 11.  Long-term Debt

 

Long-term debt is summarized as follows:

 

 

 

December 31,

 

 

 

2014

 

2013

 

 

 

(dollars in thousands)

 

 

 

 

 

Notes payable, FHLB, ranging in maturity from five to ten years, collateralized by FHLB deposits, residential and commercial real estate loans and FHLB stock.

 

$
50,000 

 

$

—

 

 

As of December 31, 2014, funds borrowed from the FHLB, listed above, consisted of variable-rate notes maturing through September 2024, with interest rates ranging from 0.07% to 0.13%.  The weighted average rate on these long-term advances was 0.09% as of December 31, 2014.