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Securities Sold under Agreements to Repurchase (Tables)

3 Months Ended

Mar. 31, 2017

Securities Sold Under Agreements To Repurchase Tables

Schedule of information concerning repurchase agreements [Table Text Block]

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

	March 31,			December 31,			March 31,
(dollars in thousands)	2017			2016			2016
Average daily balance during the year-to-date	$	15,000		$	15,000		$	15,000
Average interest rate during the year-to-date		5.95	%		5.95	%		5.95	%
Maximum month end balance during the year-to-date	$	15,000		$	15,000		$	15,000
Weighted average interest rate during the year-to-date		5.95	%		5.95	%		5.95	%

Schedule of remaining contractual maturity [Table Text Block]

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

	March 31, 2017
	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	$	-	$	-	$	-	$	-	$	-
Residential mortgage pass-through securities		-		-		18,143		-		18,143
Total borrowings	$	-	$	-	$	18,143	$	-	$	18,143

Amounts related to agreements not included in offsetting disclosure in Note 14:									$	3,143

	December 31, 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	$	-	$	-	$	-	$	-	$	-
Residential mortgage pass-through securities		-		-		-		16,826		16,826
Total borrowings	$	-	$	-	$	-	$	16,826	$	16,826

Amounts related to agreements not included in offsetting disclosure in Note 14:									$	1,826