Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Summary of Borrowings by Type

The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less. The long-term debt balances and weighted average interest rates include purchase accounting fair value adjustments, net of related amortization, from the Fox Chase acquisition. 

	Balance at End of Year		Weighted Average Interest Rate		Maximum Amount Outstanding at Month End During the Year		Average Amount Outstanding During the Year		Weighted Average Interest Rate During the Year
(Dollars in thousands)
2019
Short-term borrowings:
FHLB borrowings	$	—	—	%	$	190,740	$	23,485	2.57	%
Federal funds purchased	—		—		8,500		15,217		2.63
Customer repurchase agreements	18,680		0.05		22,995		18,180		0.05
Long-term debt:
FHLB advances	$	140,000	2.04	%	$	150,000	$	139,397	2.00	%
Security repurchase agreements	10,098		2.07		20,308		16,969		2.61
Subordinated notes	$	94,818	5.32	%	$	94,818	$	94,695	5.33	%
2018
Short-term borrowings:
FHLB borrowings	$	108,300	2.62	%	$	261,240	$	85,601	2.01	%
Federal funds purchased	60,000		2.60		65,003		36,591		1.88
Customer repurchase agreements	21,468		0.05		28,323		22,120		0.05
Long-term debt:
FHLB advances	$	125,000	1.92	%	$	125,031	$	120,983	1.80	%
Security repurchase agreements	20,330		2.71		30,751		29,049		2.08
Subordinated notes	$	94,574	5.33	%	$	94,574	$	94,451	5.34	%

Schedule of Maturities of Long-term FHLB Advances

Long-term advances with the FHLB of Pittsburgh mature as follows:

(Dollars in thousands)	As of December 31, 2019		Weighted Average Rate
2020	$	40,000	1.70	%
2021	80,000		2.07
2022	10,000		2.09
2023	10,000		3.02
2024	—		—
Thereafter	—		—
Total	$	140,000	2.04	%

Schedule of Maturities of Other Long-term Borrowings

Long-term debt under security repurchase agreements with large commercial banks mature as follows:

(Dollars in thousands)	As of December 31, 2019		Weighted Average Rate
2020	$	10,098	2.07	%
2021	—		—
2022	—		—
2023	—		—
2024	—		—
Thereafter	—		—
Total	$	10,098	2.07	%