OTHER BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2016

OTHER BORROWINGS

Schedule of other borrowings

December 31	2016		2015
Other borrowings consisted of the following at year-end:
Securities sold under repurchase agreements	$	38,339	$	28,363
Short term FHLB advances		138,000		—
Term debt		18,333		—
Federal funds purchased		15,000		—
Total other borrowings	$	209,672	$	28,363

Summary of securities sold under agreements to repurchase

	2016			2015			2014
Average daily balance during the year	$	27,816		$	26,723		$	25,006
Average interest rate during the year		0.14	%		0.15	%		0.18	%
Maximum month-end balance during the year	$	40,778		$	34,439		$	32,203
Weighted average interest rate at year-end		0.18	%		0.15	%		0.14	%