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SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Summary of Short- Term Borrowings

The following is a summary of short-term borrowings:

 

     December 31,  
     2013     2012  
     (Dollars in thousands)  

Federal funds purchased

   $ 700      $ 200   

Repurchase agreements

     3,890        4,371   
  

 

 

   

 

 

 

Total

   $ 4,590      $ 4,571   
  

 

 

   

 

 

 

Weighted average interest rate

     0.13     0.40
  

 

 

   

 

 

 

End of period interest rate

     0.15     0.15