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Borrowings (Tables)
12 Months Ended
Dec. 31, 2013
Borrowings  
Information relating to federal funds purchased and repurchase agreements

 

(in thousands)

 

Year End
Weighted
Rate

 

Average
Weighted
Rate

 

Average
Balance
Outstanding

 

Maximum
Outstanding at
any Month End

 

Balance at
December 31,

 

2013

 

 

 

 

 

 

 

 

 

 

 

Federal funds purchased

 

0.4

%

0.4

%

$

635

 

$

13,503

 

$

13,503

 

Short-term repurchase agreements

 

0.1

 

0.1

 

19,913

 

25,007

 

17,581

 

Total

 

 

 

 

 

 

 

 

 

$

31,084

 

2012

 

 

 

 

 

 

 

 

 

 

 

Federal funds purchased

 

0.0

%

0.6

%

$

412

 

$

345

 

$

0

 

Short-term repurchase agreements

 

0.1

 

0.1

 

22,867

 

24,734

 

21,058

 

Total

 

 

 

 

 

 

 

 

 

$

21,058

 

Other borrowings

 

 

 

 

 

 

 

2013

 

2012

 

(in thousands)

 

Borrower

 

Maturity
Date

 

Year End
Balance

 

Year End
Weighted
Rate

 

Year End
Balance

 

Year End
Weighted
Rate

 

FHLB advances

 

The Bank

 

2014

 

$

0

 

na

 

$

10,126

 

1.5

%

 

 

 

 

2015

 

0

 

na

 

0

 

na

 

 

 

 

 

2016

 

3,000

 

0.6

%

0

 

na

 

 

 

 

 

2017

 

3,000

 

0.9

%

0

 

na

 

 

 

 

 

2018-19

 

18,000

 

2.0

%

10,000

 

2.5

%

Total Bank

 

 

 

 

 

$

24,000

 

 

 

$

20,126

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subordinated notes

 

The Company

 

2034

 

$

25,774

 

2.9

%

$

25,774

 

3.0

%

 

 

 

 

2035

 

23,712

 

2.1

%

23,712

 

2.1

%

Total Company

 

 

 

 

 

$

49,486

 

 

 

$

49,486