Borrowed Funds (Details 2) - USD ($) $ in Thousands |
12 Months Ended | |
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Dec. 31, 2016 |
Dec. 31, 2015 |
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Ending balance | $ 13,998 | $ 18,508 |
Average balance during the year | 17,755 | 18,003 |
Maximum month-end balance during the year | 23,308 | 22,020 |
Securities underlying the agreements at year end, Carrying value | 23,571 | 23,479 |
Securities underlying the agreements at year end, Fair value | $ 23,571 | $ 23,479 |
Average interest rate during the year | 0.55% | 0.38% |
Average interest rate at year end | 0.56% | 0.45% |
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- Definition The carrying value as of the balance sheet date of securities that an institution sells and agrees to repurchase or resell (the identical or substantially the same securities) as a seller-borrower at a specified date for a specified price, also known as a repurchase agreement, or repo. No definition available.
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- Definition The fair value as of the balance sheet date of securities that an institution sells and agrees to repurchase or resell (the identical or substantially the same securities) as a seller-borrower at a specified date for a specified price, also known as a repurchase agreement, or repo. No definition available.
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- Definition The calculated average balance outstanding for the year for all Federal Home Loan Bank advances as of the Balance Sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The calculated weighted average interest rate for Federal Home Loan Bank advances outstanding as of the Balance Sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The calculated weighted average interest rate for Federal Home Loan Bank advances for the period ended as of the Balance Sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The maximum balance outstanding at any month end during the period as of the Balance Sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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