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Borrowings (Tables)
12 Months Ended
Dec. 31, 2012
Borrowings [Abstract]  
Long-term borrowings
                                         
    Balance     Interest Rate        
(Dollars in thousands)   2012     2011     2012     2011     Maturity  

Federal Home Loan Bank Advances*

  $ —       $ 5,000       —        3.75     —    

Subordinated Term Loan Note

    125       625       1.62     1.68     April 2013  

Subordinated Term Loan Note

    250       1,250       1.62     1.68     May 2013  

Junior subordinated debt owed to unconsolidated subsidiary trust

    20,619       20,619       3.39     3.45     October 2033  
   

 

 

   

 

 

                         
    $ 20,994     $ 27,494                          
   

 

 

   

 

 

                         

 

* In May 2012, the Corporation elected to pay-off the $5.0 million FHLB advance prior to its scheduled maturity date of January 2013. The prepayment penalty incurred was $97 thousand.
Contractual maturities of long-term borrowings
         
(Dollars in thousands)      

Due in 2013

  $ 375  

Due in 2014

    —    

Due in 2015

    —    

Due in 2016

    —    

Due in 2017

    —    

Thereafter

    20,619  
   

 

 

 
    $ 20,994  
   

 

 

 
Customer repurchase agreements
                         
(Dollars in thousands)   2012     2011     2010  

Balance at December 31

  $ 96,282     $ 109,740     $ 90,271  

Weighted average interest rate at year end

    0.07     0.20     0.30

Maximum amount outstanding at any month’s end

  $ 117,291     $ 111,724     $ 109,712  

Average amount outstanding during the year

  $ 106,206     $ 102,873     $ 97,667  

Weighted average interest rate during the year

    0.13     0.28     0.40