Note 6 - Short-term Borrowings

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Short-term Debt [Text Block]

Note

6.

Short-Term Borrowings

The following table sets forth the components of short-term borrowings as of the dates indicated.

	(Dollars in thousands)
	September 30, 2017					December 31, 2016
	Amount		Weighted Average Rate			Amount		Weighted Average Rate
Short-term Borrowings
Federal Funds Purchased:
Average Balance Outstanding During the Period	$	11		-	%	$	307		0.65	%
Maximum Amount Outstanding at any Month End		550					6,000
FHLB Borrowings:
Balance at Period End		-		-			-		-
Average Balance Outstanding During the Period		-		-			596		0.67
Maximum Amount Outstanding at any Month End		-					6,160
Securities Sold Under Agreements to Repurchase:
Balance at Period End		24,662		0.25			27,027		0.24
Average Balance Outstanding During the Period		26,302		0.30			26,311		0.26
Maximum Amount Outstanding at any Month End		27,817					30,095
Securities Collaterizing the Agreements at Period-End:
Carrying Value		35,128					33,785
Market Value		34,510					32,931