XML 57 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
SECURITIES SOLD UNDER AGREEMENT TO REPURCHASE AND OTHER BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2017
Banking And Thrift [Abstract]  
Summary of Securities Sold Under an Agreement to Repurchase and Other Borrowings

The following is a summary of securities sold under an agreement to repurchase and other borrowings:

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

 

(Dollars in thousands)

 

 

 

Amount

 

 

Weighted

average rate

 

 

Amount

 

 

Weighted

average rate

 

Securities sold under agreement to repurchase

 

$

197

 

 

 

0.25

%

 

$

 

 

 

0.00

%

Other borrowings

 

 

 

 

 

0.00

%

 

 

512

 

 

 

4.00

%

Total borrowings

 

$

197

 

 

 

0.25

%

 

$

512

 

 

 

4.00

%

 

Summary of Balances and Interest Rates

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

(Dollars in thousands)

 

Average daily balance during the year

 

$

3,584

 

 

$

523

 

 

$

29,891

 

Average interest rate during the year

 

 

0.59

%

 

 

4.00

%

 

 

4.19

%

Maximum month end balance during the year

 

$

12,643

 

 

$

535

 

 

$

30,556

 

Weighted average interest rate at year end

 

 

0.25

%

 

 

4.00

%

 

 

4.00

%