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Repurchase Agreements
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
Repurchase Agreements

17. Repurchase Agreements

Securities sold under agreements to repurchase, which are classified as secured borrowings, generally mature one day after the transaction date. Securities sold under agreements to repurchase are reflected at the amount of cash received in connection with the transaction. The Company may be required to provide additional collateral based on the fair value of the underlying securities. The carrying value of the securities pledged as collateral for the repurchase agreements was $92.7 million and $32.7 million at December 31, 2013 and 2012, respectively.