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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - Repurchase agreements - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2019 | Dec. 31, 2018
Securities sold under agreements to repurchase |  |
Average daily balance during the year | $ 849 | $ 1,078
Average interest rate during the year (as a percent) | 0.05% | 0.04%
Maximum month-end balance during the year | $ 1,037 | $ 1,610
Weighted average interest rate at year-end (as a percent) | 0.05% | 0.05%

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- Definition The average effective interest rate during the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Details
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