Other Borrowings and Notes Payable (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule of debt

A summary of the Term Loan is as follows:

	December 31,
(in thousands)	2013			2012
Term Loan	$	10,500		$	11,700
Average balance during the year	$	11,241		$	1,835
Maximum balance outstanding at any month-end	11,700			12,000
Weighted average interest rate during the year	3.52		%	3.50		%
Average interest rate at December 31	3.44		%	3.50		%

A summary of other borrowings is as follows:

	December 31,
(in thousands)	2013			2012
Securities sold under repurchase agreements	$	200,021		$	229,560
Secured borrowings	3,810			3,810
Total	203,831			233,370
Average balance during the year	$	197,556		$	134,093
Maximum balance outstanding at any month-end	214,439			233,370
Average interest rate during the year	0.32		%	0.42		%
Average interest rate at December 31	0.31		%	0.49		%