Borrowings

Short-term borrowings at March 31, 2018 and December 31, 2017 are as follows (dollars in thousands):



	March 31, 2018				December 31, 2017
	Amount		Rate		Amount		Rate
Line of credit	$	—	—	%	$	—	—	%
FHLB short-term advance	$	—	—	%	$	47,000	1.43	%
Repurchase agreements	—		—	%	—		—	%
	$	—	—	%	$	47,000	1.43	%

All advances from the Federal Home Loan Bank ("FHLB") of Cincinnati, both long-term and short-term, are secured by a blanket pledge of LCNB's 1-4 family first lien mortgage loans in the amount of approximately $213 million and $217 million at March 31, 2018 and December 31, 2017, respectively. Additionally, LCNB is required to hold minimum levels of FHLB stock, based on the outstanding borrowings.