v3.19.1

Securities Sold Under Agreements to Repurchase | 12 Months Ended
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Dec. 31, 2018
Disclosure of Repurchase Agreements [Abstract] |
Securities Sold Under Agreements to Repurchase | Securities Sold Under Agreements to Repurchase The Company sells securities under repurchase agreements to provide cash management services to commercial account customers. These borrowings are summarized as follows:
Securities Sold Under Agreements to Repurchase |  |  |  |
(dollars in thousands) |  | 2018 |  | 2017
Average amount outstanding |  | $ | 10,596 |  |  | $ | 9,684 |
Average rate paid during the year |  | 1.38 | % |  | 0.15 | %
Maximum amount outstanding at month end |  | $ | 12,445 |  |  | $ | 12,472 |
Investment securities pledged to secure the underlying agreements at year end: |  |  |  |
Amortized cost |  | $ | 16,032 |  |  | $ | 14,405 |
Fair value |  | 15,862 |  |  | 14,475 |

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- References No definition available. + Details
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- Definition The entire disclosure for repurchase agreements (also known as repos), resale agreements (also known as reverse repurchase agreements or reverse repos), securities borrowed transactions, and securities loaned transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -URI http://asc.fasb.org/topic&trid=2197590 + Details
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