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Securities Sold Under Agreements to Repurchase (Tables)
12 Months Ended
Dec. 31, 2018
Brokers And Dealers [Abstract]  
Summary of Securities Pledged as Collateral Under Repurchase Agreements

The following table presents detail regarding the securities pledged as collateral under repurchase agreements as of December 31, 2018 and 2017. All of the repurchase agreements are overnight agreements.

 

 

 

December 31, 2018

 

 

December 31, 2017

 

Securities pledged for repurchase agreements:

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

$

861

 

 

$

874

 

Obligations of U.S. government agencies

 

 

21,338

 

 

 

20,881

 

Total securities pledged

 

$

22,199

 

 

$

21,755

 

Gross amount of recognized liabilities for

   repurchase agreements

 

$

22,199

 

 

$

21,755

 

Amounts related to agreements not included in

   offsetting disclosures above

 

$

 

 

$

 

Schedule of Securities Sold Under Agreements to Repurchase

Information concerning securities sold under agreements to repurchase was as follows:

 

 

 

2018

 

 

2017

 

 

2016

 

Outstanding balance at year end

 

$

22,199

 

 

$

21,755

 

 

$

28,925

 

Average balance during the year

 

 

18,456

 

 

 

18,234

 

 

 

21,767

 

Average interest rate during the year

 

 

0.10

%

 

 

0.10

%

 

 

0.10

%

Maximum month-end balance during the year

 

$

22,199

 

 

$

23,889

 

 

$

28,925

 

Weighted average interest rate at year end

 

 

0.10

%

 

 

0.10

%

 

 

0.10

%