SHORT-TERM BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2015

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)	2015			2014			2013

Balance at year end	$	60,000		$	65,000		$	50,000
Weighted average interest rate at year-end	0.53		%	0.36		%	0.28		%
Average balance during the year	$	55,106		$	32,736		$	10,540
Average interest rate during the year	0.43		%	0.34		%	0.31		%
Maximum month-end balance during the year	$	83,500		$	65,000		$	50,000

Information concerning securities sold under agreements to repurchase for the years ended December 31 is summarized as follows:



(Dollars in thousands)	2015			2014			2013

Balance at year end	$	29,156		$	21,742		$	9,032
Weighted average interest rate at year-end	0.20		%	0.20		%	0.20		%
Average balance during the year	$	30,156		$	19,186		$	13,772
Average interest rate during the year	0.20		%	0.20		%	0.20		%
Maximum month-end balance during the year	$	37,558		$	32,861		$	19,105
Fair value of securities underlying the agreements at year-end	35,470			38,337			52,024