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Securities Sold Under Agreements to Repurchase and Federal Funds Purchased (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Schedule of securities sold under agreements to repurchase
Information regarding securities sold under agreements to repurchase and Federal funds purchased is detailed in the following tables for the years ended December 31:
 
Securities Sold Under Agreements to Repurchase
2018
 
2017
 
2016
(dollar amounts in thousands)
 
 
 
 
 
Total outstanding at December 31
$
81,842

 
$
75,177

 
$
69,062

 
 
 
 
 
 
Maximum month-end balance
81,842

 
80,326

 
125,063

Average balance during the year
63,472

 
64,888

 
99,622

Weighted average rate at December 31
0.22
%
 
0.23
%
 
0.88
%
Average interest rate paid during the year
0.24
%
 
0.36
%
 
2.24
%
Federal Funds Purchased
 
 
 
 
 
Average balance during the year
0

 
0

 
0

Weighted average rate at December 31
N/A

 
N/A

 
N/A

Average interest rate paid during the year
0.00
%
 
0.00
%
 
0.00
%