Short-term Borrowings (Tables)

12 Months Ended

Dec. 31, 2017

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

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

	2017					2016
			Weighted					Weighted
			Average					Average
	Amount		Rate			Amount		Rate
Fixed-rate constant payment advance, at rates from 1.20% to 1.70% at December 31, 2017 and 2016	$	4,785		1.70	%	$	7,876		1.57	%
Convertible and putable fixed-rate advance with a rate of 4.45% at December 31, 2016		0		0.00	%		5,000		4.45	%
Total advances	$	4,785		1.70	%	$	12,876		2.69	%

Summary of Securities Sold under Agreements to Repurchase

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

	2017			2016			2015
Average balance during the year	$	82,627		$	84,368		$	71,779
Average interest rate during the year		0.13	%		0.07	%		0.07	%
Maximum month-end balance during the year	$	94,208		$	98,687		$	89,574
Weighted average year-end interest rate		0.14	%		0.08	%		0.06	%
Balance at year-end	$	74,215		$	78,110		$	75,482

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:

	2017		2016
Overnight and continuous repurchase agreements
U.S. Treasury and U.S. government sponsored entities	$	4,811	$	6,555
State and political subdivisions		20,696		12,304
Mortgage-backed securities - residential		43,936		52,628
Collateralized mortgage obligations		4,772		6,623
Total borrowings	$	74,215	$	78,110

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:

	2017					2016
			Weighted					Weighted
			Average					Average
	Amount		Rate			Amount		Rate
Repurchase advance with a rate of .59% to 1.48% at December 31, 2017 and 2016	$	125,000		1.47	%	$	100,000		0.63	%
Fixed rate advances with a rate of 1.43% to 1.49% at December 31, 2017		90,000		1.45	%		0		0.00	%
Cash management advance with rates from 0% to .59% at December 31, 2017 and 2016		0		0.00	%		20,000		0.59	%
Total advances	$	215,000		1.46	%	$	120,000		0.63	%