Securities Sold under Agreements to Repurchase (Tables)

3 Months Ended

Mar. 31, 2016

Securities Sold Under Agreements To Repurchase Tables

Schedule of information concerning repurchase agreements [Table Text Block]

The Company pledges investment securities to secure those borrowings. Information concerning repurchase agreements is summarized as follows for the periods presented:

	March 31,		December 31,		March 31,
(dollars in thousands)	2016		2015		2015
Average daily balance during the year-to-date	$	15,000	$	22,890	$	31,000
Average interest rate during the year-to-date		5.95%		5.92%		5.90%
Maximum month-end balance during the year-to-date	$	15,000	$	31,000	$	31,000%
Weighted average interest rate during the year-to-date		5.95%		5.92%		5.90%

Schedule of remaining contractual maturity [Table Text Block]

The table below shows the remaining contractual maturity of agreement by fair value of collateral pledged:

	March 31, 2016
	Remaining Contractual Maturity of the Agreements
	Overnight and		Up to 30				Greater Than
(dollars in thousands)	Continuous		Days		30-90 Days		90 Days		Total
Repurchase agreements and
Repurchase-to-maturity transactions
U.S. Treasury and agency securities	$	-	$	-	$	-	$	5,069	$	5,069
Residential mortgage pass-through securities		-		-		-		14,849		14,849
Total Borrowings	$	-	$	-	$	-	$	19,918	$	19,918
Amounts related to agreements not included in offsetting disclosure in Note 14									$	4,918

	December 31, 2015
	Remaining Contractual Maturity of the Agreements
	Overnight and		Up to 30				Greater Than
(dollars in thousands)	Continuous		Days		30-90 Days		90 Days		Total
Repurchase agreements and
Repurchase-to-maturity transactions
U.S. Treasury and agency securities	$	-	$	-	$	-	$	6,313	$	6,313
Residential mortgage pass-through securities		-		-		-		12,589		12,589
Total Borrowings	$	-	$	-	$	-	$	18,902	$	18,902
Amounts related to agreements not included in offsetting disclosure in Note 14									$	3,902