Borrowings	3 Months Ended
Mar. 31, 2014
Borrowings [Abstract]
Borrowings	(6)Borrowings At March 31, 2014, the Company’s outstanding borrowings were $173,017,000 as compared to $130,000,000 at December 31, 2013. These borrowings at March 31, 2014 consisted of $110,000,000 of term notes and $63,017,000 of advances on our line of credit, both with the Federal Home Loan Bank (the “FHLB”). At December 31, 2013, outstanding borrowings consisted of $110,000,000 of term notes and $20,000,000 of advances on our line of credit, both with the FHLB. The Company has an advance, pledge and security agreement with the FHLB and had pledged qualifying loans and securities in the amount of $392,722,000 at March 31, 2014 and $339,727,000 at December 31, 2013. The maximum credit allowance for future borrowings, including term notes and advances on the line of credit, was $219,705,000 at March 31, 2014 and $209,727,000 at December 31, 2013. The interest rate on the line of credit varies with the federal funds rate, and was 0.21% at March 31, 2014. The term notes have fixed interest rates that range from 2.52% to 3.17%, with a weighted average rate of 2.97%, and remaining maturities as of March 31, 2014 ranging from 44 to 46 months.

Borrowings

3 Months Ended

Mar. 31, 2014

(6)Borrowings

At March 31, 2014, the Company’s outstanding borrowings were $173,017,000 as compared to $130,000,000 at December 31, 2013. These borrowings at March 31, 2014 consisted of $110,000,000 of term notes and $63,017,000 of advances on our line of credit, both with the Federal Home Loan Bank (the “FHLB”). At December 31, 2013, outstanding borrowings consisted of $110,000,000 of term notes and $20,000,000 of advances on our line of credit, both with the FHLB.

The Company has an advance, pledge and security agreement with the FHLB and had pledged qualifying loans and securities in the amount of $392,722,000 at March 31, 2014 and $339,727,000 at December 31, 2013. The maximum credit allowance for future borrowings, including term notes and advances on the line of credit, was $219,705,000 at March 31, 2014 and $209,727,000 at December 31, 2013.

The interest rate on the line of credit varies with the federal funds rate, and was 0.21% at March 31, 2014. The term notes have fixed interest rates that range from 2.52% to 3.17%, with a weighted average rate of 2.97%, and remaining maturities as of March 31, 2014 ranging from 44 to 46 months.