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Repurchase Agreements (Tables)
3 Months Ended
Mar. 31, 2019
Banking and Thrift [Abstract]  
Schedule of Repurchase Agreements

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

 

(dollars in thousands)   As of March 31, 2019  
    Overnight and
Continuous
    Up to 30 days     30-90 days     Greater than
90 days
    Total  
Repurchase agreements:                                        
U.S. federal treasury obligations   $ 319     $ -     $ -     $ -     $ 319  
U.S. federal agency obligations     4,423       -       -       -       4,423  
Agency mortgage-backed securities     12,071       -       -       -       12,071  
Total   $ 16,813     $ -     $ -     $ -     $ 16,813  

 

    As of December 31, 2018  
    Overnight and
Continuous
    Up to 30 days     30-90 days     Greater 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