Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Short-term borrowings

Short-term borrowings as of December 31 are summarized as follows:

	2018		2017
Securities sold under agreements to repurchase	$	7,706	$	6,814
Federal Home Loan Bank short-term advances	380,000		83,000
Total short-term borrowings	$	387,706	$	89,814

Average balances and cost of funds of short-term borrowings

The average balances and cost of funds of short-term borrowings for the years ending December 31 are summarized as follows:

	Average Balances						Cost of Funds
	2018		2017		2016		2018		2017		2016
Federal Home Loan Bank short-term advances	$	147,749	$	208,332	$	344,724	2.21	%	1.27	%	0.46	%
Securities sold under agreements to repurchase	7,986		9,215		12,205		0.17		0.17		0.20
Total short-term borrowings	$	155,735	$	217,547	$	356,929	2.10	%	1.22	%	0.45	%