Short-term Borrowings (Tables)

3 Months Ended

Mar. 31, 2018

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 the class of collateral pledged for short-term financing obtained through the sales of repurchase agreements. These pledged securities which are 105% of the repurchase agreement balances are shown below:

(In Thousands of Dollars)	March 31, 2018		December 31, 2017
Overnight and continuous repurchase agreements
U.S. Treasury and U.S. government sponsored entities	$	5,738	$	5,051
State and political subdivisions		27,887		21,731
Mortgage-backed securities - residential		47,668		46,133
Collateralized mortgage obligations - residential		5,502		5,011
Total repurchase agreements	$	86,795	$	77,926