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Short-Term Borrowings | 12 Months Ended
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Dec. 31, 2015
Short-Term Borrowings [Abstract] |
Short-Term Borrowings | Note 11: Short-term Borrowings The Company's short-term borrowings (i.e. with maturies of twelve months or less) consist of borrowings from the Federal Home Loan Bank (the "FHLB"), and securities sold under agreements to repurchase. The following table summarizes short-term borrowings at December 31, 2015 and 2014.
|  | 2015 |  |  | 2014 |
|  |  | Weighted |  |  |  | Weighted |
|  | Total | Average |  |  | Total | Average |
|  | Principal | Rate |  |  | Principal | Rate |
Federal Home Loan Bank Advances | $ | 313,000 | 0.54 | % | $ | 293,800 | 0.45 | %
Securities sold under agreements to repurchase |  | 20,909 | 0.28 | % |  | 19,720 | 0.27 | %
Total short-term borrowings | $ | 333,909 |  |  | $ | 313,520 |  |
Federal Home Loan Bank Advances: Information concerning short-term Federal Home Loan Bank advances for 2015 and 2014 is summarized below:
|  | 2015 |  | 2014
Average daily balance during the year | $ | 295,479 | $ | 287,778
Maximum month-end balance during the year | $ | 342,000 | $ | 363,900
Amount outstanding at end of year | $ | 313,000 | $ | 293,800
All short-term FHLB advances are fixed-rate instruments. Pursuant to an agreement with the FHLB, advances are collateralized by stock in the FHLB, investment securities and a blanket lien on qualified collateral, consisting primarily of loans with first mortgages secured by one to four family properties, and other qualifying assets such as certain commercial real estate loans. All short-term advances are payable at their call date or final maturity. Securities Sold Under Agreements to Repurchase: Securities sold under agreements to repurchase generally mature within one to four days from the transaction date. Information concerning securities sold under agreements to repurchase for 2015 and 2014 is summarized below:
|  | 2015 |  |  | 2014 |
Average daily balance during the year | $ | 17,001 |  | $ | 16,851 |
Average interest rate during the year |  | 0.28 | % |  | 0.27 | %
Maximum month-end balance during the year | $ | 21,239 |  | $ | 21,021 |
Amount outstanding at end of year | $ | 20,909 |  | $ | 19,720 |
Securities collateralizing repurchase agreements, which are held in safekeeping by nonaffiliated financial institutions and not under the Bank's control, were as follows at December 31:
|  |  |  |  |  | 2015 |  |  | 2014 |  |
Carrying value |  |  |  |  | $ | 28,324 |  | $ | 38,552 |
Estimated fair value |  |  |  |  | $ | 28,981 |  | $ | 39,669 |

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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