Securities Sold under Agreements to Repurchase (Tables)

12 Months Ended

Dec. 31, 2016

Securities Sold under Agreements to Repurchase [Abstract]

Schedule of information concerning repurchase agreements [Table Text Block]

Repurchase agreements are secured borrowings. The Company pledges investment securities to secure those borrowings. Information concerning repurchase agreements is summarized as follows:

	2016			2015			2014
Average daily balance during the year	$	15,000		$	22,890		$	31,000
Average interest rate during the year		5.95	%		5.92	%		5.90	%
Maximum month-end balance during the year	$	15,000		$	31,000		$	31,000
Weighted average interest rate during the year		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:

	2016
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater Than 90 Days		Total
Repurchase agreements and repurchase-to-maturity transactions:
U.S. Treasury and agency securities	$	-	$	-	$	-	$	-	$	-
Residential mortgage pass-through securities		-		-		-		16,826		16,826
Total Borrowings	$	-	$	-	$	-	$	16,826	$	16,826
Amounts related to agreements not included in offsetting disclosure in Note 13.									$	1,826

	2015
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater Than 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 13.									$	3,902