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Securities Sold under Agreements to Repurchase (Tables)

12 Months Ended

Dec. 31, 2015

Securities Sold under Agreements to Repurchase [Abstract]

Schedule of information concerning repurchase agreements [Table Text Block]

Repurchase agreements are secured borrowings. The Company pledges investment securities to secure those borrowings. Information concerning repurchase agreements is summarized as follows:

		2015			2014			2013
Average daily balance during the year		$	22,890		$	31,000		$	31,000
Average interest rate during the year			5.92%			5.90%			5.90%
Maximum month-end balance during the year		$	31,000		$	31,000		$	31,000%
Weighted average interest rate during the year			5.92%			5.90%			5.90%

Schedule of remaining contractual maturity [Table Text Block]

The table below shows the remaining contractual maturity of agreement by fair value of collateral pledged:

		2015
		Remaining Contractual Maturity of the Agreements
		Overnight and			Up to 30						Greater Than
		Continuous			Days			30-90 Days			90 Days			Total
Repurchase agreements and
Repurchase-to-maturity transactions
U.S. Treasury and agency securities		$	-		$	-		$	-		$	6,313		$	6,313
Residential mortgage pass-through securities			-			-			-			12,589			12,589
Total Borrowings		$	-		$	-		$	-		$	18,902		$	18,902

Amounts related to agreements not included in offsetting disclosure in Note 13														$	3,902