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Securities Sold Under Agreements to Repurchase and Federal Funds Purchased (Tables)
12 Months Ended
Dec. 31, 2020
Carrying Value of Federal Funds Purchased, Securities Sold under Agreements to Repurchase, and Deposits Received for Securities Loaned [Abstract]  
Schedule of securities sold under agreements to repurchase
Information regarding securities sold under agreements to repurchase and Federal funds purchased is detailed in the following tables for the years ended December 31:
 
Securities Sold Under Agreements to Repurchase202020192018
(dollar amounts in thousands)
Total outstanding at December 31$65,845 $60,346 $81,842 
Maximum month-end balance72,883 71,875 81,842 
Average balance during the year55,973 59,742 63,472 
Weighted average rate at December 310.11 %0.22 %0.22 %
Average interest rate paid during the year0.17 %0.24 %0.24 %
Federal Funds Purchased
Average balance during the year0 82 
Weighted average rate at December 31N/AN/AN/A
Average interest rate paid during the year0.00 %2.86 %0.00 %