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Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Composition of Short-Term Borrowings, Interest Expense and Weighted Average Interest Rate
The following table presents the composition of short-term borrowings, the weighted average interest rate as of December 31 and interest expense for the years ended December 31:
 
2018
 
2017
 
2016
(dollars in thousands)
Balance

 
Weighted
Average
Interest
Rate

 
Interest
Expense

 
Balance

 
Weighted
Average
Interest
Rate

 
Interest
Expense

 
Balance

 
Weighted
Average
Interest
Rate

 
Interest
Expense

REPOs
$
18,383

 
0.46
%
 
$
222

 
$
50,161

 
0.39
%
 
$
54

 
$
50,832

 
0.01
%
 
$
5

FHLB advances
470,000

 
2.65
%
 
11,082

 
540,000

 
1.47
%
 
7,399

 
660,000

 
0.76
%
 
2,713

Total Short-term Borrowings
$
488,383

 
2.57
%
 
$
11,304

 
$
590,161

 
1.38
%
 
$
7,453

 
$
710,832

 
0.70
%
 
$
2,718