Securities Sold Under Agreements to Repurchase	12 Months Ended
Securities Sold Under Agreements to Repurchase	Dec. 31, 2016
Securities Sold Under Agreements To Repurchase [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	*NOTE 7 — SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE* At December 31, 2016 and 2015, the Bank had sold $113,598 and $113,080, respectively, of securities under agreements to repurchase with brokers with a weighted rate of 0.10% for the comparable periods that mature in less than 90 days. These agreements were secured with approximately $50,000 and $107,000 of investment securities, respectively. The securities, under agreements to repurchase, averaged $135,708 during 2016, with $279,628 being the maximum amount outstanding at any month-end. The average rate paid in 2016 was 0.10%. The securities, under agreements to repurchase, averaged $98,636 during 2015, with $354,739 being the maximum amount outstanding at any month-end. The average rate paid in 2015 was 0.10%.

Independence Bancshares, Inc. 10-K