XML 31 R18.htm IDEA: XBRL DOCUMENT v3.19.1

Repurchase Agreements

12 Months Ended

Dec. 31, 2018

Disclosure of Repurchase Agreements [Abstract]

Repurchase Agreements

Note 9 – Repurchase Agreements

Securities sold under agreements to repurchase are advances to the Bank by customers or another bank. These agreements are direct obligations of the Bank and are secured by securities held in safekeeping at a correspondent bank. Repurchase agreements with Bank customers mature daily. Information regarding repurchase agreements follows:

(Dollars in thousands)		2018				2017
Outstanding balance at December 31		$	—			$	7,148
Average interest rate at December 31			—	%			0.05	%
Average balance during the year		$	1,412			$	4,958
Average interest rate during the year			0.05	%			0.05	%
Maximum month end balance during the year		$	7,148			$	8,440

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfRepurchaseAgreementsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration