Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Borrowings Disclosure Abstract

Schedule of details of short-term borrowings

Details of the Company’s short-term borrowings (original term of one year or less) as of December 31, 2019, and December 31, 2018 were as follows:

	December 31,
(dollars in thousands)	2019			2018
Securities Sold Under Agreements to Repurchase (short-term) 1
Amounts Outstanding	$	2,200		$	4,196
Weighted-Average Interest Rate	1.87		%	1.19		%

¹  Consists entirely of repurchase agreements with government entities. Excludes long-term repurchase agreements with government entities of $2.1 million and $0.1 million as of December 31, 2019, and December 31, 2018, respectively, and long-term repurchase agreements with private institutions of $600.0 million and $500.0 million as of December 31, 2019, and December 31, 2018, respectively.