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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)
3 Months Ended
Mar. 31, 2014
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE  
Summary of information concerning the securities sold under agreements to repurchase

 

 

 

 

For the three months ended

 

For the year ended

 

(Dollars in thousands)

 

March 31, 2014

 

March 31, 2013

 

December 31, 2013

 

Average daily balance

 

$

11.704

 

$

12,817

 

$

11,770

 

Average interest rate

 

3.19

%

2.91

%

3.17

%

Maximum month-end balance

 

$

12,045

 

$

12,903

 

$

12,903

 

Weighted average interest rate

 

3.14

%

2.87

%

3.13

%