XML 31 R18.htm IDEA: XBRL DOCUMENT

Note 10 - Retail Repurchase Agreements

12 Months Ended

Dec. 31, 2015

Repurchase Agreements Disclosure [Abstract]

Repurchase Agreements Disclosure [Text Block]

(10)

RETAIL REPURCHASE AGREEMENTS

Retail repurchase agreements represent overnight borrowings from deposit customers and the debt securities sold under the repurchase agreements are under the control of the Bank. There were no retail repurchase agreements outstanding at December 31, 2015 and 2014, as all such borrowings were paid converted to deposit accounts during 2014. The average balance and maximum month-end balance of retain repurchase agreements for 2014 was $4.6 million and $10.6 million, respectively, and the weighted average interest rate on retail repurchase agreements for 2014 was 0.26%.