XML 36 R20.htm IDEA: XBRL DOCUMENT

Securities Sold Under Agreements to Repurchase	12 Months Ended
Securities Sold Under Agreements to Repurchase	Dec. 31, 2018
Securities Sold under Agreements to Repurchase [Abstract]
Securities sold under agreements to repurchase	Securities Sold Under Agreements to Repurchase Securities Sold Under Agreements to Repurchase - Term The Company had previously entered into wholesale repurchase agreements with certain brokers. At December 31, 2017, the Company held $25.0 million in wholesale repurchase agreements with an interest rate of 1.88%. These agreements were settled on the repurchase date of March 19, 2018. Securities Sold Under Agreements to Repurchase - Sweep These sweep repurchase agreements are generally short-term agreements. These agreements are treated as financing transactions and the obligations to repurchase securities sold are reflected as a liability in the Consolidated Financial Statements. The dollar amount of securities underlying the agreements remains in the applicable asset account of the Consolidated Financial Statements. These agreements had a balance of $61.1 million and a weighted average interest rate of 1.99% at December 31, 2018. All of these repurchase agreements in existence at December 31, 2018 mature on a daily basis. Securities available for sale with a carrying amount of $75.6 million at December 31, 2018 were pledged as collateral for the sweep repurchase agreement borrowings.