Borrowings (Tables)

9 Months Ended

Sep. 30, 2017

Borrowings [Abstract]

Schedule of Short-term Debt [Table Text Block]

The following table presents total short-term borrowings as of the dates indicated:

	September 30, 2017			December 31, 2016
	(in thousands)
Federal funds purchased	$	2,000		$	-
Overnight repurchase agreements		21,885			18,704
FHLB advances		35,000			-
Total short-term borrowings	$	58,885		$	18,704
Maximum month-end outstanding balance	$	76,319		$	68,864
Average outstanding balance during the period	$	49,131		$	39,364
Average interest rate (year-to-date)		0.66	%		0.59	%
Average interest rate at end of period		0.86	%		0.10	%