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SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Information Concerning Short-Term Borrowing
Information concerning the use of these short-term borrowings as of and for the years ended December 31, is summarized as follows:
 
(Dollars in thousands)
2014
 
2013
 
2012
 
 
 
 
 
 
Balance at year end
$
65,000

 
$
50,000

 
$
0

Weighted average interest rate at year-end
0.36
%
 
0.28
%
 
0.00
%
Average balance during the year
$
32,736

 
$
10,540

 
$
11,509

Average interest rate during the year
0.34
%
 
0.31
%
 
0.40
%
Maximum month-end balance during the year
$
65,000

 
$
50,000

 
$
20,000

Information Concerning Securities Sold under Agreements
Information concerning securities sold under agreements to repurchase for the years ended December 31 is summarized as follows:
 
(Dollars in thousands)
2014
 
2013
 
2012
 
 
 
 
 
 
Balance at year end
$
21,742

 
$
9,032

 
$
9,650

Weighted average interest rate at year-end
0.20
%
 
0.20
%
 
0.24
%
Average balance during the year
$
19,186

 
$
13,772

 
$
19,072

Average interest rate during the year
0.20
%
 
0.20
%
 
0.38
%
Maximum month-end balance during the year
$
32,861

 
$
19,105

 
$
33,752

Fair value of securities underlying the agreements at year-end
38,337

 
52,024

 
72,717