SHORT-TERM BORROWINGS (Tables)
 12 Months Ended
Dec. 31, 2016
SHORT-TERM BORROWINGS  
Schedule of short term borrowings

The following table presents the distribution of short-term borrowings and related weighted average interest rates for each of the years ended December 31, 2016 and 2015 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Repurchase Agreements

 

 

2016

 

2015

Outstanding at period-end

    

$
131,557

    

 

$
107,538

 

Average amount outstanding

 

 
130,228

 

 

 
123,447

 

Maximum amount outstanding at any month end

 

 
168,369

 

 

 
147,542

 

Weighted average interest rate:

 

 

 

 

 

 

 

 

During period

 

 
0.23

%  

 

 
0.19

%

End of period

 

 
0.21

%  

 

 
0.21

%