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FHLB Advances and Other Borrowings (Tables)
12 Months Ended
Dec. 31, 2014
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Borrowings, Debt and Repurchase Agreements
Information regarding each of these types of borrowings or other indebtedness is as follows:

 
 
December 31,
 
 
2014

 
2013

Long-term Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities
 
$
51,444

 
$
71,483

Term Loans
 
4,000

 
7,000

Junior Subordinated Debentures assumed from American Community Bancorp, Inc.
 
5,174

 
5,024

Capital Lease Obligation
 
3,973

 
3,730

Long-term Borrowings
 
64,591

 
87,237

 
 
 
 
 
Overnight Variable Rate Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities
 
$
89,100

 
$
38,000

Federal Funds Purchased
 
31,400

 

Repurchase Agreements
 
20,973

 
15,533

Short-term Borrowings
 
141,473

 
53,533

 
 
 
 
 
Total Borrowings
 
$
206,064

 
$
140,770

Schedule of Repurchase Agreements
 
 
2014

 
2013

Average Daily Balance During the Year
 
$
16,091

 
$
14,722

Average Interest Rate During the Year
 
0.15
%
 
0.20
%
Maximum Month-end Balance During the Year
 
$
20,973

 
$
17,722

Weighted Average Interest Rate at Year-end
 
0.15
%
 
0.20
%
Schedule of Principal Payments on Long-Term Borrowings
At December 31, 2014, scheduled principal payments on long-term borrowings, excluding the capitalized lease obligation and acquired subordinated debentures (which are discussed below) are as follows:

2015
 
$
44,042

2016
 
45

2017
 
749

2018
 
10,027

2019
 
30

Thereafter
 
551

Total
 
$
55,444

Schedule of Issuance of Subordinated Debentures
The following table summarizes the terms of each issuance:
 
 
 
Date of
Issuance
 
Issuance
Amount
 
Carrying
Amount at
December 31, 2014
 
Variable Rate
 
Rate as of
December 31, 2014
 
Rate as of
December 31, 2013
 
Maturity
Date
ACB Trust I
 
5/6/2005
 
$5,155
 
$3,278
 
90 day LIBOR + 2.15%
 
2.41%
 
2.40%
 
May, 2035
ACB Trust II
 
7/15/2005
 
3,093
 
1,896
 
90 day LIBOR + 1.85%
 
2.08%
 
2.09%
 
July, 2035