| Summary of Short Term Borrowings |
| | | | | | | | | | | | | | (Dollars in thousands) | | Nine Months
Ended
September 30, 2020 | | Year Ended
December 31, 2019 | Securities sold under agreements to repurchase: | | | | | | | Outstanding at end of period | | $ | 52,589 | | $ | 48,728 | Weighted average interest rate at end of period | | | 0.18% | | | 0.23% | Maximum amount outstanding as of any month end | | $ | 52,589 | | $ | 50,345 | Average amount outstanding | | $ | 43,895 | | $ | 39,778 | Approximate weighted average rate during the period | | | 0.21% | | | 0.28% |
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