Note 9 — Notes payable

Bank lines of credit and notes payable are summarized as follows:

	2016			2015
Maximum borrowings under bank lines of credit (all foreign banks)	$	61,519		$	45,102
Outstanding notes payable (all foreign bank debt)		2,141			1,108
Weighted-average interest rate on notes payable		4.35	%		2.75	%
Unused bank lines of credit	$	59,378		$	43,994

In 2014, we entered into a 364-day unsecured credit facility with PNC Bank National Association. In August 2014, we borrowed $100,000 under this facility to partially fund the Avalon acquisition. In January 2015, we amended the agreement and borrowed an additional $50,000 to fund daily operations. In April 2015, we paid down $100,000 of the $150,000 outstanding. In May 2015, we paid down the remaining $50,000 outstanding.