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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables) | 12 Months Ended
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Dec. 31, 2019
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE. |
Schedule of summary of information concerning the securities sold under agreements to repurchase |
|  | Year Ended December 31, |
(Dollars in thousands) |  | 2019 |  | 2018 |
Average daily balance during the year |  | $ | 849 |  | $ | 1,078 |
Average interest rate during the year |  |  | 0.05 | % |  | 0.04 | %
Maximum month-end balance during the year |  | $ | 1,037 |  | $ | 1,610 |
Weighted average interest rate at year-end |  |  | 0.05 | % |  | 0.05 | %

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- Definition The entire disclosure for repurchase agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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