Short-Term Borrowings

12 Months Ended

Dec. 31, 2020

Short Term Borrowings [Abstract]

Short-Term Borrowings

(9) SHORT-TERM BORROWINGS

The following is a summary of short-term borrowings:

	December 31,
	2020			2019
	(Dollars in thousands)
Federal funds purchased	$	1,100		$	1,100
Weighted average interest rate		0.30	%		2.19	%
End of period interest rate		0.05	%		1.45	%

Federal funds purchased represent borrowings of overnight funds from other financial institutions.