8.	BORROWINGS

Long-term debt consists of FHLB advances as follows:

 

		December 31, 2013								December 31, 2012
Maturing During the						Weighted								Weighted
Year Ending December 31,		Amount				Average Rate				Amount				Average Rate
		(Dollars in thousands)
2013		$	—				—	%		$	44,323				3.10	%
2014			4,000				2.37				4,000				2.37
2015			19,500				2.05				17,000				2.25
2016			16,500				1.97				6,500				3.99
2017			77,500				1.35				77,500				1.35
2018			25,000				1.19				—				—
2019			10,203				1.23				11,931				1.23
2020			9,200				1.22				—				—
		$	161,903				1.48	%		$	161,254				2.05	%

At December 31, 2013, advances amounting to $6.5 million are callable by the FHLB prior to maturity.

As of December 31, 2013, the Company also has an available line of credit of $9.4 million with the FHLB at an interest rate that adjusts daily. No amounts were drawn on the line of credit as of December 31, 2013 and 2012. All borrowings from the FHLB are secured by investment securities (see Note 2) and qualified collateral, consisting of a blanket lien on one- to four-family loans and certain multi-family and commercial real estate loans held in the Bank’s portfolio. At December 31, 2013, the company pledged multi-family and commercial real estate loans with carrying values totaling $73.0 million and $241.7 million, respectively.