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Repurchase Agreements and Other Borrowings
9 Months Ended
Sep. 30, 2013
Repurchase Agreements and Other Borrowings [Abstract]  
Repurchase Agreements and Other Borrowings
Repurchase Agreements and Other Borrowings

Securities sold under agreements to repurchase were $78.1 million at September 30, 2013, a decrease of $35.4 million from $113.5million at December 31, 2012. The decrease during the first nine months of 2013 was primarily due to declines in balances of a few customers due to changes in cash flow needs for their businesses.

FHLB borrowings increased $15 million to $20 million at September 30, 2013 from $5 million at December 31, 2012 due to the addition of one $10 million short-term advance and one $5 million long-term advance.