Borrowings (Tables)

12 Months Ended

Dec. 31, 2018

Borrowings

Schedule of selected information on short-term borrowings

	December 31,
(Dollars in thousands)	2018			2017
Balance outstanding at year end1	$	14,917		$	20,621
Maximum balance at any month end during the year	$	22,912		$	21,032
Average balance for the year	$	18,883		$	18,416
Weighted average rate for the year		1.12	%		1.32	%
Weighted average rate on borrowings at year end		0.71	%		1.29	%
Estimated fair value at year end	$	14,917		$	20,621

¹ Consists of (1) repurchase transactions with customers, which generally mature the day following the day sold and (2) at December 31, 2017 a repurchase agreement with a third-party correspondent bank, both types of which are secured by investment securities. 

Schedule of selected information on FHLB advances

						Next
						Conversion
(Dollars in thousands)			Interest Rate		Maturity Date	Option Date
Fixed Rate Hybrid Advances
	$	7,000	1.95	%	12/04/19
	$	7,500	1.78		08/21/20
Convertible Advances
	$	7,500	1.48		09/19/22	09/20/21
	$	7,500	1.96		09/29/23	09/29/22
	$	5,000	2.32		10/25/24	10/25/23
	$	5,000	2.53		11/28/25	11/29/24
	$	5,000	2.83		12/29/26	12/29/25

Schedule of contractual maturities of long-term borrowings

(Dollars in thousands)	Fixed Rate		Floating Rate		Total
2019	$	7,000	$	—	$	7,000
2020		7,500		75,029		82,529
2021		—		—		—
2022		7,500		—		7,500
2023		7,500		—		7,500
Thereafter		15,000		—		15,000
	$	44,500	$	75,029	$	119,529