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Repurchase Agreements (Tables)

12 Months Ended

Dec. 31, 2018

Banking and Thrift [Abstract]

Schedule of Repurchase Agreements

The following is a summary of the balances and collateral of the Company’s repurchase agreements:

		Years ended December 31,
(Dollars in thousands)		2018				2017
Average daily balance during the year		$	12,388			$	12,819
Average interest rate during the year			0.87	%			0.26	%
Maximum month-end balance during the year		$	15,246			$	16,801
Weighted average interest rate at year-end			1.00	%			0.70	%

		As of December 31, 2018
		Overnight and												Greater
		Continuous				Up to 30 days				30-90 days				than 90 days				Total
Repurchase agreements:
U.S. federal treasury obligations		$	416			$	-			$	-			$	-			$	416
U.S. federal agency obligations			5,626				-				-				-				5,626
Agency mortgage-backed securities			9,204				-				-				-				9,204
Total		$	15,246			$	-			$	-			$	-			$	15,246

		As of December 31, 2017
		Overnight and				Up to								Greater
		Continuous				30 days				30-90 days				than 90 days				Total
Repurchase agreements:
U.S. federal agency obligations		$	5,147			$	-			$	-			$	-			$	5,147
Agency mortgage-backed securities			8,362				-				-				-				8,362
Total		$	13,509			$	-			$	-			$	-			$	13,509