Short-Term Borrowings

12 Months Ended

Dec. 31, 2012

Short-Term Borrowings [Abstract]

Short-Term Borrowings

Note 12. Short-Term Borrowings

Short-term borrowings include securities sold under agreements to repurchase, which are secured transactions with customers and generally mature the day following the day sold. There were no short-term advances from FHLB outstanding on December 31, 2012 or December 31, 2011.

The Company had unused lines of credit with nonaffiliated banks totaling $70,760,000 and $66,160,000 as of December 31, 2012 and 2011.

The Company had undispersed letters of credit with FHLB totaling $2,000,000 as of December 31, 2012.

The table below presents selected information on short-term borrowings:

(Dollars in Thousands)
Years Ended December 31,	2012			2011
Balance outstanding at year-end	$	6,460		$	5,277
Maximum balance at any month end during the year		9,269			8,006
Average balance for the year		6,100			6,093
Weighted average rate for the year		0.26	%		0.24	%
Weighted average rate on borrowings at year end		0.23	%		0.24	%
Estimated fair value at year end	$	6,460		$	5,277