XML 57 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Securities Sold under Agreements to Repurchase (Tables)
 12 Months Ended
Dec. 31, 2017
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:

 

   2017   2016   2015 
   (dollars in thousands)  
Average daily balance during the year  $6,781   $15,000   $22,890 
Average interest rate during the year   5.95%   5.95%   5.92%
Maximum month-end balance during the year  $15,000   $15,000   $31,000 
Weighted average interest rate during the year   5.95%   5.95%   5.92%
Schedule of remaining contractual maturity [Table Text Block]

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

 

    December 31, 2017  
    Remaining Contractual Maturity of the Agreements  
    Overnight and Continuous   Up to 30
Days		     30-90 Days   Greater Than 90 Days   Total  

Repurchase agreements and repurchase-to-maturity transactions:

                                  
U.S. Treasury and agency securities   $ -   $ -     $ -   $ -   $ -  
Residential mortgage pass-through securities     -     -       -     -     -  
Total Borrowings   $ -   $ -     $ -   $ -   $ -  
                                   
Amounts related to repurchase agreements not included in offsetting disclosure in Note 13.     $ -  
                                   
    December 31, 2016  
    Remaining Contractual Maturity of the Agreements
    (dollars in thousands)
    Overnight and Continuous   Up to 30
Days		     30-90 Days   Greater Than 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 13.     $ 1,826