SHORT-TERM BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2016

SHORT-TERM BORROWINGS

Schedule of short term borrowings

The following table presents the distribution of short-term borrowings and related weighted average interest rates for each of the years ended December 31, 2016 and 2015 (in thousands):

	Repurchase Agreements
	2016			2015
Outstanding at period-end	$	131,557		$	107,538
Average amount outstanding		130,228			123,447
Maximum amount outstanding at any month end		168,369			147,542
Weighted average interest rate:
During period		0.23	%		0.19	%
End of period		0.21	%		0.21	%