XML 53 R33.htm IDEA: XBRL DOCUMENT v3.20.4
Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2020
Short-Term Borrowings [Abstract]  
Short-Term Borrowings

Short-term borrowings of the Company were cash management accounts as follows:

(dollars in thousands)
 
2020
   
2019
   
2018
 
 
                 
Amount outstanding at December 31,
 
$
214,755
     
148,666
     
161,893
 
Maximum amount outstanding at any month end
   
213,043
     
169,214
     
233,522
 
Average amount outstanding
   
180,065
     
159,220
     
194,810
 
Weighted average interest rate:
                       
For the year
   
0.56
%
   
0.92
     
0.65
 
As of year end
   
0.47
     
0.90
     
0.95