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Securities Sold under Agreements to Repurchase (Tables)
6 Months Ended
Jun. 30, 2016
Securities Sold Under Agreements To Repurchase Tables  
Schedule of information concerning repurchase agreements [Table Text Block]

The Company pledges investment securities to secure those borrowings. Information concerning repurchase agreements is summarized as follows for the periods presented:

 

  June 30,   December 31,   June 30,
(dollars in thousands) 2016   2015   2015
Average daily balance during the year-to-date $      15,000     $     22,890     $      31,000  
Average interest rate during the year-to-date   5.95 %     5.92 %     5.90 %
Maximum month-end balance during the year-to-date $ 15,000     $ 31,000     $ 31,000 %
Weighted average interest rate during the year-to-date   5.95 %     5.92 %     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:

 

    June 30, 2016
    Remaining Contractual Maturity of the Agreements
    Overnight and   Up to 30         Greater Than      
(dollars in thousands)   Continuous   Days   30-90 Days   90 Days   Total
Repurchase agreements and                              
Repurchase-to-maturity transactions                              
       U.S. Treasury and agency securities   $     -   $     -   $     -   $     5,158   $     5,158
       Residential mortgage pass-through securities     -     -     -     14,180     14,180
Total Borrowings   $ -   $ -   $ -   $ 19,338   $ 19,338
 
Amounts related to agreements not included in offsetting disclosure in Note 14:   $ 4,338
 
    December 31, 2015
    Remaining Contractual Maturity of the Agreements
    Overnight and   Up to 30       Greater Than      
(dollars in thousands)   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 14   $ 3,902