Note 9 - Short-term Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule of Short-term borrowings

	2019		2018
	(dollars in thousands)
Overnight repurchase agreements with customers	$	2,193	$	2,084
Federal funds purchased		11,230		26,690
	$	13,423	$	28,774

Schedule of repurchase agreements

	2019			2018
	(dollars in thousands)
Average daily balance during the period	$	4,231		$	7,831
Average daily interest rate during the period		0.73	%		0.38	%
Maximum month-end balance during the period	$	4,177		$	10,392
Weighted average rate as of end of period		1.00	%		0.90	%

	2019			2018
	(dollars in thousands)
Average daily balance during the period	$	12,594		$	13,059
Average daily interest rate during the period		2.56	%		2.18	%
Maximum month-end balance during the period	$	17,010		$	32,330
Weighted average rate as of end of period		1.50	%		2.46	%

Securities Sold under Agreements to Repurchase [Member]

Notes Tables

Schedule of repurchase agreements collateralized by investment securities

	2019		2018
	(dollars in thousands)
U.S. govt. sponsored agency securities	$	1,964	$	3,662
Residential mortgage-backed and related securities		1,456		20,654
Total securities pledged to overnight customer repurchase agreements		3,420		24,316
Less: overcollateralized position		1,227		22,232
	$	2,193	$	2,084