Annual report pursuant to Section 13 and 15(d)

SHORT-TERM BORROWINGS (Details)

v3.20.4
SHORT-TERM BORROWINGS (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Short-term Debt [Line Items]      
Balance at December 31 $ 79,654 $ 6,404  
Federal Funds Purchased [Member]      
Short-term Debt [Line Items]      
Balance at December 31 0 0 $ 0
Maximum indebtedness at any month end 0 0 0
Daily average indebtedness outstanding $ 2 $ 47 $ 20
Average rate paid for the year (in percent) 2.56% 2.85% 2.41%
Average rate paid on period-end borrowings (in percent) 0.00% 0.00% 0.00%
Securities Sold Under Repurchase Agreements [Member]      
Short-term Debt [Line Items]      
Balance at December 31 [1] $ 4,851 $ 6,065 $ 10,092
Maximum indebtedness at any month end [1] 5,922 9,141 10,092
Daily average indebtedness outstanding [1] $ 5,384 $ 6,180 $ 7,951
Average rate paid for the year (in percent) 0.10% 0.91% 0.49%
Average rate paid on period-end borrowings (in percent) 0.04% 0.46% 0.88%
Other Short-Term Borrowings [Member]      
Short-term Debt [Line Items]      
Balance at December 31 [2] $ 74,803 $ 339 $ 3,449
Maximum indebtedness at any month end [2] 94,071 3,746 10,044
Daily average indebtedness outstanding [2] $ 63,733 $ 3,047 $ 3,021
Average rate paid for the year (in percent) 4.36% 1.73% 2.31%
Average rate paid on period-end borrowings (in percent) 3.00% 4.11% 1.61%
FHLB Advances [Member]      
Short-term Debt [Line Items]      
Balance at December 31 $ 100    
Warehouse Line Borrowings [Member]      
Short-term Debt [Line Items]      
Balance at December 31 $ 74,800    
[1]
Balances are fully collateralized by government treasury or agency securities held in the Company's investment portfolio.
[2]
Comprised of FHLB advances totaling $
0.1
 
million and warehouse lines of credit totaling $
74.8
 
million at December 31, 2020.