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v3.20.4

Short-Term Borrowings | 12 Months Ended
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Dec. 31, 2020
Short Term Borrowings [Abstract] |
Short-Term Borrowings | (9) SHORT-TERM BORROWINGS The following is a summary of short-term borrowings:
|  | December 31, |
|  | 2020 |  |  | 2019 |
|  | (Dollars in thousands) |
Federal funds purchased |  | $ | 1,100 |  |  | $ | 1,100 |
Weighted average interest rate |  |  | 0.30 | % |  |  | 2.19 | %
End of period interest rate |  |  | 0.05 | % |  |  | 1.45 | %
Federal funds purchased represent borrowings of overnight funds from other financial institutions.

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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