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Securities Sold Under Repurchase Agreements | 12 Months Ended
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Dec. 31, 2013
Securities Sold under Agreements to Repurchase [Abstract] |
Securities Sold Under Repurchase Agreements | Note 11: Securities Sold Under Repurchase Agreements
($ in thousands) |  | 2013 |  |  | 2012 |
Securities Sold Under Repurchase Agreements |  | $ | 14,696 |  |  | $ | 10,333 |
State Bank has retail repurchase agreements to facilitate cash management transactions with commercial customers. These obligations are secured by agency and mortgage-backed securities and such collateral is held by Wilmington Trust Company. At December 31, 2013, retail repurchase agreements totaled $14.7 million. The maximum amount of outstanding agreements at any month end during 2013 and 2012 totaled $15.0 million and $15.0 million, respectively, and the monthly average of such agreements totaled $12.0 million and $12.6 million, respectively. The agreements at December 31, 2013 and 2012 mature within one month.

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