XML 52 R38.htm IDEA: XBRL DOCUMENT v3.6.0.2
SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
Short-term borrowings and weighted-average interest rates at and for the years ended December 31, 2016 and 2015 are as follows:
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
2016
 
2015
 
 
 
 
 
Average
 
 
 
Average
 
 
 
Amount
 
Rate
 
Amount
 
Rate
 
Federal funds purchased
 
$
 
 
1.10
%
$
 
 
0.00
%
Securities sold under agreements to repurchase
 
 
18,490
 
 
0.26
%
 
20,779
 
 
0.25
%
Federal Discount Window
 
 
 
 
1.10
%
 
 
 
0.73
%
Federal Home Loan Bank
 
 
50,800
 
 
0.59
%
 
59,760
 
 
0.35
%
 
 
$
69,290
 
 
0.48
%
$
80,539
 
 
0.32
%
Schedule of Repurchase Agreements [Table Text Block]
The following table presents the short-term borrowings subject to an enforceable master netting arrangement or repurchase agreements as of December 31, 2016 and 2015.
 
(Dollars in thousands)
 
 
 
Gross
 
Net Amounts
 
 
 
 
 
 
 
 
 
 
 
Amounts
 
of Liabilities
 
 
 
 
 
 
 
 
 
 
 
Offset
 
Presented
 
 
 
 
 
 
 
 
 
Gross
 
in the
 
in the
 
 
 
 
 
 
 
 
 
Amounts of
 
Consolidated
 
Consolidated
 
 
 
Cash
 
 
 
 
 
Recognized
 
Balance
 
Balance
 
Financial
 
Collateral
 
Net
 
 
 
Liabilities
 
Sheet
 
Sheet
 
Instruments
 
Pledge
 
Amount
 
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Repurchase agreements (a)
 
$
18,490
 
$
 
$
18,490
 
$
(18,490)
 
$
 
$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Repurchase agreements (a)
 
$
20,779
 
$
 
$
20,779
 
$
(20,779)
 
$
 
$
 
______________________
(a) As of December 31, 2016 and 2015, the fair value of securities pledged in connection with repurchase agreements was $25,298,000 and $27,510,000, respectively.
Schedule Of Remaining Contractual Maturity Of Repurchase Agreements [Table Text Block]
The following table presents the remaining contractual maturity of the master netting arrangement or repurchase agreements as of December 31, 2016.
 
(Dollars in thousands)
 
Remaining Contractual Maturity of the Agreements
 
 
 
Overnight
 
 
 
 
 
Greater
 
 
 
 
 
and
 
Up to
 
30 -90
 
than
 
 
 
 
 
Continuous
 
30 days
 
Days
 
90 Days
 
Total
 
Repurchase agreements and repurchase-to-maturity transactions:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and/or agency securities
 
$
18,490
 
$
 
$
 
$
 
$
18,490
 
Total
 
$
18,490
 
$
 
$
 
$
 
$
18,490