Short-term Borrowings (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Long-term Advances from the Federal Home Loan Bank

At year end, long-term advances from the FHLB were as follows:

	2016					2015
			Weighted					Weighted
			Average					Average
	Amount		Rate			Amount		Rate
Fixed-rate constant payment advances, at rates from .61% to 1.70% at December 31, 2016 and 2015	$	7,876		1.57	%	$	15,054		1.24	%
Convertible and putable fixed-rate advance with a rate of 4.45% at December 31, 2016 and 2015		5,000		4.45	%		5,000		4.45	%
Total advances	$	12,876		2.69	%	$	20,054		2.04	%

Summary of Securities Sold under Agreements to Repurchase

The securities are held in segregated safekeeping accounts at the Federal Reserve Bank and Trust. Information concerning securities sold under agreements to repurchase is summarized as follows

	2016			2015			2014
Average balance during the year	$	84,368		$	71,779		$	71,573
Average interest rate during the year		0.07	%		0.07	%		0.04	%
Maximum month-end balance during the year	$	98,687		$	89,574		$	78,972
Weighted average year-end interest rate		0.08	%		0.06	%		0.06	%
Balance at year-end	$	78,110		$	75,482		$	58,786

Schedule Disaggregation of the Obligation by the Class of Collateral Pledged for Short-Term Financing Obtained Through the Sales of Repurchase Agreements

The following table provides a disaggregation of the obligation by class of collateral pledged for short-term financing obtained through the sales of repurchase agreements:

	2016		2015
Overnight and continuous repurchase agreements
U.S. Treasury and U.S. government sponsored entities	$	6,555	$	5,276
State and political subdivisions		12,304		2,640
Mortgage-backed securities - residential		52,628		60,391
Collateralized mortgage obligations		6,623		7,175
Total borrowings	$	78,110	$	75,482

Pledged

Summary of Long-term Advances from the Federal Home Loan Bank

FHLB advances are secured by pledgings described in the following Long-Term Borrowings footnote. Balances at year end were as follows:

	2016					2015
			Weighted					Weighted
			Average					Average
	Amount		Rate			Amount		Rate
Repurchase advance with a rate of .39% to .70% at December 31, 2016 and 2015	$	100,000		0.63	%	$	100,000		0.39	%
Cash management advance with rates from .39% to .59% at December 31, 2016 and 2015		20,000		0.59	%	$	50,000		0.39	%
Total advances	$	120,000		0.63	%	$	150,000		0.39	%