Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

3 Months Ended

Mar. 31, 2019

Brokers And Dealers [Abstract]

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

NOTE 7 FEDERAL FUNDS PURCHASED AND SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

The Company had no Federal Funds purchased as of March 31, 2019 and $6.5 million as of December 31, 2018, respectively.  During the same time periods, the company also had $25.5 million and $25.7 million in securities sold under agreement to repurchase.

	March 31, 2019
	Remaining Contractual Maturity of the Agreements (In Thousands)
	Overnight & Continuous		Up to 30 days		30-90days		Greater Than 90 days		Total
Federal funds purchased	$	-	$	-	$	-	$	-	$	-
Repurchase agreements
US Treasury & agency securities		681		-		-		24,840		25,521
	$	681	$	-	$	-	$	24,840	$	25,521

	December 31, 2018
	Remaining Contractual Maturity of the Agreements (In Thousands)
	Overnight & Continuous		Up to 30 days		30-90days		Greater Than 90 days		Total
Federal funds purchased	$	6,486	$	-	$	-	$	-	$	6,486
Repurchase agreements
US Treasury & agency securities		806		-		-		24,889		25,695
	$	7,292	$	-	$	-	$	24,889	$	32,181