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BORROWED FUNDS AND REPURCHASE AGREEMENTS, Collateral Pledged on the Repurchase Agreements by Contractual Maturity (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2008
Dec. 31, 2003
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged $ 20,978 $ 18,062    
Total liability recognized for repurchase agreements 17,983 14,989    
Borrowed Funds And Repurchase Agreement [Abstract]        
Borrowed funds 91,194 114,664    
U.S. Agency Securities [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 20,978 18,602    
Overnight and Continuous [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 18,970 16,027    
Overnight and Continuous [Member] | U.S. Agency Securities [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 18,970 16,027    
Up to 30 Days [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 0 0    
Up to 30 Days [Member] | U.S. Agency Securities [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 0 0    
30 - 90 Days [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 0 0    
30 - 90 Days [Member] | U.S. Agency Securities [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 0 0    
Greater than 90 Days [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 2,008 2,035    
Greater than 90 Days [Member] | U.S. Agency Securities [Member]        
Remaining Contractual Maturity of Agreements [Abstract]        
Total carrying value of collateral pledged 2,008 2,035    
Securities Sold Under Agreements to Repurchase [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Borrowed funds [1] 17,983 14,989    
FHLB Advances [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Maximum borrowing limit 518,353      
Borrowed funds [2] 52,186 77,650    
Federal Funds Line [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Maximum borrowing limit 34,000      
Borrowed funds [3] 0 0    
FRB BIC Line [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Maximum borrowing limit 9,797 4,400    
Carrying value of securities pledged as collateral 28,784 14,590    
Borrowed funds [4] 0 0    
Notes Payable [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Face amount of debt $ 7,500      
Variable rate basis 3 month LIBOR      
Basis spread on variable rate 2.80%      
Notional amount of derivative liability     $ 7,500  
Unamortized debt issuance costs       $ 75
Borrowed funds [5] $ 7,500 7,500    
Term Loans [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Borrowed funds [6] $ 13,525 14,525    
Term Loans [Member] | July 12, 2018 [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Stated interest rate 2.72%      
Maturity date Jul. 12, 2018      
Borrowed funds $ 0 1,000    
Term Loans [Member] | February 4, 2019 [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Stated interest rate 1.87%      
Maturity date Feb. 04, 2019      
Borrowed funds $ 2,000 2,000    
Term Loans [Member] | February 3, 2021 [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Stated interest rate 2.61%      
Maturity date Feb. 03, 2021      
Borrowed funds $ 2,000 2,000    
Term Loans [Member] | July 12, 2021 [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Stated interest rate 3.52%      
Maturity date Jul. 12, 2021      
Borrowed funds $ 2,000 2,000    
Term Loans [Member] | August 20, 2021 [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Stated interest rate 2.37%      
Maturity date Aug. 20, 2021      
Borrowed funds $ 2,800 2,800    
Term Loans [Member] | January 6, 2022 [Member]        
Borrowed Funds And Repurchase Agreement [Abstract]        
Stated interest rate 2.08%      
Maturity date Jan. 06, 2022      
Borrowed funds $ 4,725 $ 4,725    
[1] We utilize securities sold under agreements to repurchase to facilitate the needs of our customers and to facilitate secured short-term funding needs. Securities sold under agreements to repurchase are stated at the amount of cash received in connection with the transaction. We monitor collateral levels on a continuous basis. We may be required to provide additional collateral based on the fair value of the underlying securities. Securities pledged as collateral under repurchase agreements are maintained with our safekeeping agents. The collateral pledged on the repurchase agreements by the remaining contractual maturity of the repurchase agreements in the Consolidated Balance Sheets as of December 31, 2018 and December 31, 2017 is presented in the following tables (in thousands).
[2] FHLB Advances consist of an "Open RepoPlus" agreement with the FHLB of Pittsburgh. FHLB "Open RepoPlus" advances are short-term borrowings that bear interest based on the FHLB discount rate or Federal Funds rate, whichever is higher. The Company has a borrowing limit of $518,353,000, inclusive of any outstanding advances and letters of credit. FHLB advances are secured by a blanket security agreement that includes the Company's FHLB stock, as well as certain investment and mortgage-backed securities held in safekeeping at the FHLB and certain residential and commercial mortgage loans.
[3] The federal funds lines consist of unsecured lines from two third party banks at market rates. The Company has a borrowing limit totaling $34,000,000, inclusive of any outstanding balances. No specific collateral is required to be pledged for these borrowings.
[4] The Federal Reserve Bank Borrower in Custody (FRB BIC) Line consists of a borrower in custody in agreement open in January 2010 with the Federal Reserve Bank of Philadelphia secured by municipal loans maintained in the Company's possession. As of December 31, 2018 and 2017, the Company has a borrowing limit of $9,797,000 and $4,400,000, respectively, inclusive of any outstanding advances. The approximate carrying value of the municipal loan collateral was $28,784,000 and $14,590,000 as of December 31, 2018 and 2017, respectively.
[5] In December 2003, the Company formed a special purpose entity ("Entity") to issue $7,500,000 of floating rate obligated mandatory redeemable trust preferred securities as part of a pooled offering. The rate was determined quarterly and floated based on the 3 month LIBOR plus 2.80 percent. The Entity may redeem them, in whole or in part, at face value after December 17, 2008, and on a quarterly basis thereafter. The Company borrowed the proceeds of the issuance from the Entity in December 2003 in the form of a $7,500,000 note payable. Debt issue costs of $75,000 have been capitalized and fully amortized as of December 31, 2008. Under current accounting rules, the Company's minority interest in the Entity was recorded at the initial investment amount and is included in the other assets section of the balance sheet. The Entity is not consolidated as part of the Company's consolidated financial statements.
[6] Term Loans consist of separate loans with the FHLB of Pittsburgh as follows (dollars in thousands):