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Borrowings (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Short-Term Borrowings

The outstanding balances and related information for short-term borrowings are summarized as follows:

 

(Dollars in thousands)    2016             2015  

Balance at year-end

   $    48,742        $    48,598  

Average balance outstanding

     51,801          51,571  

Maximum month-end balance

     55,642          54,462  

Weighted-average rate at year-end

     0.16        0.14

Weighted-average rate during the year

     0.14          0.14  
Summary of Repurchase Agreements Accounted for as Secured Borrowings

The following table provides additional detail regarding repurchase agreements accounted for as secured borrowings:

 

    

Remaining Contractual Maturity

Overnight and Continuous

 
  

 

 

(Dollars in thousands)

 

  

    December 31,
2016

 

          

December 31,
2015

 

 

Securities of U.S. Government agencies and mortgage-backed securities of government agencies pledged, fair value

   $   48,866         $   48,791  

Repurchase agreements

        48,742         48,598  

 

Concerning of Other Borrowings

The following table sets forth information concerning other borrowings:

 

     Maturity Range            Weighted
Average
Interest
     Stated Interest    
Rate Range      
     At December 31,  

(Dollars in thousands)

 

  

From

 

    

To      

 

    

Rate

 

    

From

 

    

To    

 

    

2016

 

    

2015

 

 

 

 

 

Fixed-rate

     12/20/17        12/21/17        3.61%        3.48%        3.73%      $ 10,000      $ 10,000  

Fixed-rate amortizing

     4/1/24        4/1/24        1.36           1.16           6.80           2,385        3,465  
                 

 

 

    

 

 

 
                  $  12,385      $  13,465  
                 

 

 

    

 

 

 

 

Schedule of Maturities Other Borrowings

Maturities of other borrowings at December 31, 2016, are summarized as follows for the years ended December 31:

 

(Dollars in thousands)   

Amount

 

            

Weighted
Average
Rate

 

2017

   $ 10,730           3.44%

2018

     534           1.16   

2019

     389           1.16   

2020

     279           1.16   

2021 and beyond

     453           1.16   
  

 

 

       
   $   12,385           3.14%