XML 38 R41.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Borrowings

Schedule of selected information on short-term borrowings

		December 31,
(Dollars in thousands)		2019			2018
Balance outstanding at year end1		$	16,360		$	14,917
Maximum balance at any month end during the year		$	17,178		$	22,912
Average balance for the year		$	15,533		$	18,883
Weighted average rate for the year			1.05	%		1.12	%
Weighted average rate on borrowings at year end			0.82	%		0.71	%
Estimated fair value at year end		$	16,360		$	14,917

¹ Consists of repurchase transactions with customers, which generally mature the day following the day sold and are secured by investment securities. 

Schedule of selected information on FHLB advances

								Next
								Conversion
(Dollars in thousands)				Interest Rate		Maturity Date		Option Date
Fixed Rate Hybrid Advances
	$	7,500		1.78	%	08/21/20
Convertible Advances
	$	7,500		1.48	%	09/19/22		09/20/21
	$	7,500		1.96	%	09/29/23		09/29/22
	$	5,000		2.32	%	10/25/24		10/25/23
	$	5,000		2.53	%	11/28/25		11/29/24
	$	5,000		2.83	%	12/29/26		12/29/25
	$	7,000		2.01	%	12/03/27		12/03/26

Schedule of contractual maturities of long-term borrowings

(Dollars in thousands)		Fixed Rate			Floating Rate			Total
2020		$	7,500		$	—		$	7,500
2021			—			—			—
2022			7,500			75,029			82,529
2023			7,500			—			7,500
2024			5,000			—			5,000
Thereafter			17,000			—			17,000
		$	44,500		$	75,029		$	119,529

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of advances made and reported by Federal Home Loan Bank (FHLBank).

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

+ Details

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

X

- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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

+ Details

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