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Short-term Borrowings (Tables)
3 Months Ended
Mar. 31, 2017
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)

March 31, 2017

 

 

December 31, 2016

 

Overnight and continuous repurchase agreements

 

 

 

 

 

 

 

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

$

6,903

 

 

$

6,555

 

State and political subdivisions

 

12,378

 

 

 

12,304

 

Mortgage-backed securities - residential

 

58,604

 

 

 

52,628

 

Collateralized mortgage obligations - residential

 

6,993

 

 

 

6,623

 

Total repurchase agreements

$

84,878

 

 

$

78,110