| Schedule of other borrowings |
|
|
|
|
|
|
|
|
|
|
December 31
|
|
2016
|
|
2015
|
|
|
Other borrowings consisted of the following at year-end:
|
|
|
|
|
|
|
|
|
Securities sold under repurchase agreements
|
|
$
|
38,339
|
|
$
|
28,363
|
|
|
Short term FHLB advances
|
|
|
138,000
|
|
|
—
|
|
|
Term debt
|
|
|
18,333
|
|
|
—
|
|
|
Federal funds purchased
|
|
|
15,000
|
|
|
—
|
|
|
Total other borrowings
|
|
$
|
209,672
|
|
$
|
28,363
|
|
|
| Summary of securities sold under agreements to repurchase |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2016
|
|
2015
|
|
2014
|
|
|
Average daily balance during the year
|
|
$
|
27,816
|
|
$
|
26,723
|
|
$
|
25,006
|
|
|
Average interest rate during the year
|
|
|
0.14
|
%
|
|
0.15
|
%
|
|
0.18
|
%
|
|
Maximum month-end balance during the year
|
|
$
|
40,778
|
|
$
|
34,439
|
|
$
|
32,203
|
|
|
Weighted average interest rate at year-end
|
|
|
0.18
|
%
|
|
0.15
|
%
|
|
0.14
|
%
|
|