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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)
12 Months Ended
Dec. 31, 2013
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE  
Summary of information concerning the securities sold under agreements to repurchase

 

 

 

2013

 

2012

 

2011

 

(Dollars in thousands)

 

 

 

 

 

 

 

Average daily balance during the year

 

$

11,770

 

$

13,016

 

$

16,715

 

Average interest rate during the year

 

3.17

%

3.01

%

3.23

%

Maximum month-end balance during the year

 

$

12,903

 

$

16,722

 

$

17,469

 

Weighted average interest rate at year-end

 

3.13

%

2.99

%

3.18

%