Federal Home Loan Bank (FHLB) Advances and Other Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2013

Summary of FHLB Advances and Other Short-Term Borrowings

The following is a summary of FHLB advances and other short-term borrowings:

	Weighted Average Interest Rate			(Amounts in thousands)
				December 31,
				2013		2012
FHLB advances:
Fixed-rate payable and convertible fixed-rate FHLB advances, with    monthly interest payments:
Due in 2013				$	—	$	2,500
Due in 2014		2.40	%		12,500		12,500
Due in 2015		2.93	%		4,000		4,000
Due in 2016		4.07	%		2,000		2,000
Due in 2017		4.12	%		16,000		16,000
Subtotal		3.36	%		34,500		37,000
FHLB Cash Management Advance		0.12	%		8,100		5,000
Total FHLB advances		2.74	%		42,600		42,000
Other short-term borrowings:
Securities sold under repurchase agreements		0.07	%		3,804		4,051
Total FHLB advances and other short-term borrowings		2.52	%	$	46,404	$	46,051

Summary of Other Short Term Borrowings

The following is a summary of other short-term borrowings:

	(Amounts in thousands)
	2013			2012			2011
Average balance during the year	$	3,453		$	4,559		$	5,598
Average interest rate during the year		0.09	%		0.11	%		0.09	%
Maximum month-end balance during the year	$	4,022		$	5,550		$	6,566
Weighted average interest rate at year end		0.07	%		0.13	%		0.07	%