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

 

 

 

 

2014

 

2013

 

(Dollars in thousands)

 

 

 

 

 

Average daily balance during the year

 

$

14,185 

 

$

11,770 

 

Average interest rate during the year

 

2.71 

%

3.17 

%

Maximum month-end balance during the year

 

$

36,879 

 

$

12,903 

 

Weighted average interest rate at year-end

 

2.67 

%

3.13 

%