Short-Term Borrowings

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Short-Term Borrowings

Short-Term Borrowings

Short-term borrowings at June 30, 2015 and December 31, 2014 are as follows (dollars in thousands):

	June 30, 2015				December 31, 2014
	Amount		Rate		Amount		Rate
Line of credit	$	18	0.75	%	$	5,021	0.75	%
FHLB short-term advance	—		—	%	—		—	%
Repurchase agreements	12,713		0.10	%	11,624		0.10	%
	$	12,731	0.10	%	$	16,645	0.30	%

Repurchase agreements are an option customers may use in managing their cash positions and mature the next business day after issuance. Repurchase agreements at June 30, 2015 and December 31, 2014 were secured by U.S. Agency notes.