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FEDERAL FUNDS PURCHASED (Tables)
12 Months Ended
Dec. 31, 2013
FEDERAL FUNDS PURCHASED  
Information on Federal funds purchased

 

 

 

As of and for the Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

(Dollars in thousands)

 

Balance at end of year

 

$

 

$

 

$

 

Average balance outstanding during the year

 

$

155

 

$

2,227

 

$

3,496

 

Maximum balance outstanding at any month-end

 

$

 

$

60,000

 

$

100,000

 

Weighted average interest rate during the year

 

—%

 

0.09%

 

0.10%

 

Weighted average interest rate at end of year

 

—%

 

—%

 

—%