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SHORT-TERM BORROWINGS (Table)
12 Months Ended
Dec. 31, 2017
SHORT-TERM BORROWINGS [Abstract]  
Schedule of Short-term Borrowings

The following table summarizes certain information on short-term borrowings for the years ended December 31, 2017 and 2016.

 





 

 

 

 

 

 

 

 

 

 

 

 



 

2017

 

2016

(Dollars in thousands)

 

Amount

 

Rate

 

Amount

 

Rate

Average for the Year

 

 

 

 

 

 

 

 

 

 

 

 

Repurchase agreements

 

$

3,324 

 

0.49 

%

 

$

5,753 

 

0.24 

%

FHLB Advances

 

 

1,183 

 

1.20 

 

 

 

 -

 

 -

 

Overnight Fed Funds purchased

 

 

18 

 

1.84 

 

 

 

 -

 

 -

 



 

 

 

 

 

 

 

 

 

 

 

 

At Year End

 

 

 

 

 

 

 

 

 

 

 

 

Repurchase agreements

 

$

6,072 

 

0.78 

%

 

$

3,203 

 

0.25 

%

FHLB Advances

 

 

15,662 

 

1.63 

 

 

 

 -

 

 -

 

Overnight Fed Funds purchased

 

 

 -

 

 -

 

 

 

 -

 

 -