SHORT-TERM BORROWINGS (Tables)
 12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Summary of outstanding balances and related information for short-term borrowings
The outstanding balances and related information for short-term borrowings are summarized as follows at December 31, 2016, 2015, and 2014:
 
(In Thousands)
 
2016
 
2015
 
2014
Repurchase Agreements:
 
 

 
 

 
 

Balance at year end
 
$
13,241

 
$
18,334

 
$
13,987

Maximum amount outstanding at any month end
 
17,827

 
18,614

 
18,801

Average balance outstanding during the year
 
15,394

 
15,834

 
16,350

Weighted-average interest rate:
 
 

 
 

 
 

At year end
 
0.16
%
 
0.21
%
 
0.23
%
Paid during the year
 
0.18
%
 
0.21
%
 
0.22
%
Overnight:
 
 

 
 

 
 

Balance at year end
 
$
—

 
$
28,304

 
$
26,831

Maximum amount outstanding at any month end
 
24,346

 
42,760

 
26,831

Average balance outstanding during the year
 
3,124

 
23,075

 
5,992

Weighted-average interest rate:
 
 

 
 

 
 

At year end
 
—
%
 
0.43
%
 
0.27
%
Paid during the year
 
0.57
%
 
0.36
%
 
0.30
%
Schedule of Securities Financing Transactions
The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of December 31, 2016 and December 31, 2015 is presented in the following tables.
 
 
2016
 
2015
 
 
Remaining Contractual Maturity of the Agreements
(In Thousands)
 
Overnight and Continuous
 
Overnight and Continuous
Repurchase Agreements:
 
 
 
 
U.S. Government and agency securities
 
$
—

 
$
3,586

Mortgage-back securities
 
6,684

 
8,368

Asset-backed securities
 
109

 
1,960

State and political securities
 
5,241

 
8,015

Other debt securities
 
8,866

 
2,155

Total carrying value of collateral pledged
 
$
20,900

 
$
24,084

 
 
 
 
 
Total liability recognized for repurchase agreements
 
$
13,241

 
$
18,334