XML 108 R82.htm IDEA: XBRL DOCUMENT v3.20.1
Note 9 - Schedule of Short-Term Borrowings (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Short-term Borrowings [Line Items]    
Balance $ 55,931 $ 50,872
Securities Sold under Agreements to Repurchase [Member]    
Short-term Borrowings [Line Items]    
Balance [1] 44,114 47,007
Maximum indebtedness at any month end [1] 44,114 47,007
Daily average indebtedness outstanding [1] $ 40,220 $ 38,172
Average rate paid for the year [1] 0.70% 0.55%
Average rate on period-end borrowings [1] 0.62% 0.67%
Other Short Term Debt [Member]    
Short-term Borrowings [Line Items]    
Balance [2] $ 11,817 $ 3,865
Maximum indebtedness at any month end [2] 33,260 46,451
Daily average indebtedness outstanding [2] $ 16,761 $ 22,767
Average rate paid for the year [2] 2.49% 2.03%
Average rate on period-end borrowings [2] 1.81% 2.65%
[1] Securities sold under agreements to repurchase mature overnight. The repurchase agreements were collateralized by U.S. Government mortgage-backed securities and CMOs with an amortized cost of $55,928,000 and $62,445,000 and a fair value of $55,795,000 and $60,408,000 and at December 31, 2019 and 2018, respectively. These securities are held in safekeeping at the Federal Reserve Bank of Boston.
[2] Other short-term borrowings include Federal funds purchased and overnight borrowings from the FHLB.