Securities Sold under Agreements to Repurchase (Tables)

12 Months Ended

Dec. 31, 2019

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 (dollars in thousands):

	2019		2018		2017
Average daily balance during the year	$	-	$	-	$	6,781
Average interest rate during the year						5.95	%
Maximum month-end balance during the year	$	-	$	-	$	15,000
Weighted average interest rate during the year		-		-		5.95	%