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Short-term Borrowings (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule Disaggregation of the Obligation by the Class of Collateral Pledged for Short-Term Financing Obtained Through the Sales of Repurchase Agreements

The following table provides a disaggregation of the obligation by the class of collateral pledged for short-term financing obtained through the sales of repurchase agreements:

 

(In Thousands of Dollars)

June 30, 2016

 

 

December 31, 2015

 

Overnight and continuous repurchase agreements

 

 

 

 

 

 

 

U.S. Treasury and U.S. government sponsored entities

$

7,637

 

 

$

5,276

 

State and political subdivisions

 

6,048

 

 

 

2,640

 

Mortgage-backed securities - residential

 

61,499

 

 

 

60,391

 

Collateralized mortgage obligations - residential

 

7,642

 

 

 

7,175

 

Total repurchase agreements

$

82,826

 

 

$

75,482