Federal funds purchased and securities sold under agreements to repurchase (Tables)

9 Months Ended

Sep. 30, 2019

Federal funds purchased and securities sold under agreements to repurchase

Schedule of federal funds purchased and securities sold under agreements to repurchase

	September 30,		December 31,
(in thousands)	2019		2018
Federal funds purchased	$	—	$	8,000
Repurchase agreements		27,191		16,647
Total	$	27,191	$	24,647

Schedule of repurchase agreements by remaining maturity of the agreements

Repurchase Agreements	Remaining Contractual Maturity of the Agreements
	Overnight		Less		Greater
	and		than		than
(in thousands)	continuous		90 days		90 days		Total
At September 30, 2019
U.S. Treasury	$	756	$	—	$	—	$	756
Government sponsored enterprises		9,364		—		—		9,364
Asset-backed securities		17,071		—		—		17,071
Total	$	27,191	$	—	$	—	$	27,191
At December 31, 2018
U.S. Treasury	$	1,464	$	—	$	—	$	1,464
Government sponsored enterprises		12,976		—		—		12,976
Asset-backed securities		2,207		—		—		2,207
Total	$	16,647	$	—	$	—	$	16,647