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BORROWINGS (Table)
12 Months Ended
Dec. 31, 2018
BORROWINGS [Abstract]  
Schedule of Short-term Borrowings

The following table summarizes certain information on short-term borrowings for the years ended December 31, 2018 and 2017.

 





 

 

 

 

 

 

 

 

 

 

 

 



 

2018

 

2017

(Dollars in thousands)

 

Amount

 

Rate

 

Amount

 

Rate

Average for the Year

 

 

 

 

 

 

 

 

 

 

 

 

Repurchase agreements

 

$

3,341 

 

1.09 

%

 

$

3,324 

 

0.49 

%

FHLB Advances

 

 

73,970 

 

2.16 

 

 

 

1,183 

 

1.20 

 

Overnight Fed Funds purchased

 

 

 -

 

 -

 

 

 

18 

 

1.84 

 



 

 

 

 

 

 

 

 

 

 

 

 

At Year End

 

 

 

 

 

 

 

 

 

 

 

 

Repurchase agreements

 

$

823 

 

1.87 

%

 

$

6,072 

 

0.78 

%

FHLB Advances

 

 

59,989 

 

2.63 

 

 

 

15,662 

 

1.63 

 

Overnight Fed Funds purchased

 

 

 -

 

 -

 

 

 

 -

 

 -