BORROWED FUNDS (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Information Related to Short-term Borrowings

Information related to short-term borrowings is summarized as follows:

(Dollars in thousands)	2019			2018			2017
Balance at end of year	$	192,063		$	212,395		$	149,596
Average balance during the year	187,226			171,117			100,969
Maximum month-end balance	240,811			264,297			220,097
Weighted-average rate during the year	2.24		%	2.27		%	1.16		%
Weighted-average rate at December 31	1.81		%	2.62		%	1.61		%

Information Related To Repurchase Agreements

Information related to repurchase agreements is summarized as follows:

(Dollars in thousands)	2019			2018			2017
Balance at end of year	$	10,172		$	14,925		$	22,403
Average balance during the year	11,252			18,536			25,160
Maximum month-end balance	14,655			20,903			25,972
Weighted-average rate during the year	0.43		%	0.30		%	0.30		%
Weighted-average rate at December 31	0.44		%	0.16		%	0.34		%

Long-term Notes from the FHLB

Long-term notes from the FHLB as of December 31, were as follows:

(Dollars in thousands)	2019		2018
Fixed interest rate notes, originating between October 2006 and April 2007, due between October 2021 and April 2022, interest of between 5.18% and 5.20% payable monthly	$	822	$	1,741
Amortizing fixed interest rate note, originating February 2007, due February 2022, payable in monthly installments of $5 thousand, including interest of 5.22%	—		751
Fixed interest rate notes, originating in November 2019, due between November 2022 and November 2024, with interest of between 1.74% and 1.81% payable monthly	30,000		—
	$	30,822	$	2,492

Information Related to Subordinated Debt

Information related to subordinated debt is summarized as follows:

(Dollars in thousands)	2019			2018			2017
Balance at end of year	$	4,124		$	17,524		$	33,524
Average balance during the year	12,125			25,774			33,524
Maximum month-end balance	17,524			33,524			33,524
Weighted-average rate during the year	6.35		%	6.81		%	6.69		%
Weighted-average rate at December 31	3.51		%	6.57		%	6.70		%

Maturities of Borrowings and Subordinated Debt

A summary of maturities of borrowings and subordinated debt over the next five years is as follows (dollars in thousands):

Year	Amount
2020	192,092
2021	32
2022	10,761
2023	10,000
2024	10,000
Thereafter	4,124
	$	227,009