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Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
All of the Company's short-term borrowings were comprised of federal funds purchased and securities sold under agreements to repurchase with maturities primarily from overnight to seven days:
 
 
 
2015
 
 
2014
 
 
2013
 
 
 
(In thousands)
 
Maximum amount outstanding at any month end
 
$
230,120
 
 
$
298,399
 
 
$
165,770
 
Weighted average interest rate at end of year
 
 
0.28
%
 
 
0.19
%
 
 
0.17
%
Average amount outstanding
 
$
182,914
 
 
$
171,965
 
 
$
155,222
 
Weighted average interest rate during the year
 
 
0.21
%
 
 
0.17
%
 
 
0.18
%
Collateral Securities Pledge Maturity
At December 31, 2015, 2014, and 2013, company securities pledge were as follows by collateral type and maturity:
 
Fair-Value of Pledge Securities
 
Overnight and Continous Maturity
 
 
 
2015
 
2014
 
2013
 
 
 
(In thousands)
 
Mortgage-backed securities and collateralized mortgages obligations of U.S. Government Sponsored Entities
 
$
172,005
 
$
153,640
 
$
151,310