Securities Sold Under Agreements to Repurchase (Tables)

3 Months Ended

Mar. 31, 2013

Securities Sold Under Agreements to Repurchase

Schedule of distribution of securities sold under agreements to repurchase and weighted average interest rates

	March 31, 2013			December 31, 2012
	(dollars in thousands)
Balance	$	130,809		$	139,024
Weighted average interest rate at end of period	0.13		%	0.15		%
Maximum outstanding at any month end	$	133,362		$	146,710
Average daily balance	$	130,093		$	132,150
Weighted average interest rate during period (1)	0.14		%	0.21		%

(1)The weighted average interest rate is computed by dividing total interest for the period by the average daily balance outstanding.