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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Securities Sold Under Agreements to Repurchase Information concerning securities sold under agreements to repurchase is summarized as follows as of December 31:

 

 

2019

 

 

2018

 

Average balance during the year

 

$

10,901

 

 

$

12,796

 

Average interest rate during the year

 

 

0.50

%

 

 

0.57

%

Maximum month-end balance during the year

 

$

11,542

 

 

$

14,365

 

Weighted average interest rate at year-end

 

 

0.31

%

 

 

0.44

%