Other Borrowings and Notes Payable (Tables)

12 Months Ended

Dec. 31, 2015

Other Borrowings

Debt Instrument [Line Items]

Summary of Other Borrowings

A summary of other borrowings is as follows:

	December 31,
(in thousands)	2015			2014
Securities sold under repurchase agreements	$	270,326		$	230,373
Secured borrowings	—			3,810
Total	$	270,326		$	234,183
Average balance during the year	$	195,328		$	184,964
Maximum balance outstanding at any month-end	270,326			234,183
Average interest rate during the year	0.22		%	0.32		%
Average interest rate at December 31	0.16		%	0.30		%

Unsecured Term Loan

Debt Instrument [Line Items]

Summary of Other Borrowings

A summary of the Term Loan is as follows:

	December 31,
(in thousands)	2015			2014
Term Loan	$	—		$	5,700
Average balance during the year	$	4,509		$	6,464
Maximum balance outstanding at any month-end	5,700			6,900
Weighted average interest rate during the year	3.01		%	2.99		%
Average interest rate at December 31	—		%	2.94		%