Other Borrowings |
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| Other Borrowings [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Borrowings | Other Borrowings At December 31, 2016, and 2015, the Bank maintained credit facilities with the FHLB totaling $375.1 million and $342.5 million, respectively. Outstanding advances totaled $171.5 million at December 31, 2016 and carried a weighted-average interest rate of 0.87%. At December 31, 2015, outstanding advances totaled $125.5 million with a weighted-average interest rate of 0.97%. The credit facility was collateralized by an advance equivalent of $188.8 million of single-family residential mortgages, $200.9 million of commercial real estate loans and $82.4 million of multifamily loans under a blanket lien arrangement at December 31, 2016. At December 31, 2015, the credit facility was collateralized by an advance equivalent of $162.8 million of single-family residential mortgages, $134.1 million of commercial real estate loans, and $68.2 million of multifamily loans under a blanket lien arrangement. The Bank also had $35.0 million unused line-of-credit facilities with other financial institutions at December 31, 2016, with interest payable at the then stated rate. The maximum amount outstanding from the FHLB at a month end was $251.5 million during 2016 and $135.5 million during 2015. The average balance of outstanding FHLB advances was $163.9 million for the year ended December 31, 2016 and $133.5 million for the year ended December 31, 2015. Outstanding advances consisted of the following at December 31, 2016, and 2015:
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