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Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Summary of Short- Term Borrowings

The following is a summary of short-term borrowings:

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

 

(Dollars in thousands)

 

Federal funds purchased

 

$

500

 

 

$

1,000

 

Repurchase agreements

 

 

 

 

 

2,982

 

Total

 

$

500

 

 

$

3,982

 

Weighted average interest rate

 

 

0.15

%

 

 

0.18

%

End of period interest rate

 

 

0.38

%

 

 

0.14

%