Borrowings (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

A significant portion of the Company's short-term borrowings were comprised of securities sold under agreements to repurchase with overnight maturities:

	For the Year Ended December 31,
(In thousands)	2018			2017			2016
Maximum amount outstanding at any month end	$	341,213		$	216,094		$	236,099
Weighted average interest rate at end of year	1.14		%	0.71		%	0.31		%
Average amount outstanding	$	200,839		$	171,686		$	187,560
Weighted average interest rate during the year	0.90		%	0.46		%	0.26		%

Schedule of Collateral Type and Maturity

Company securities pledged were as follows by collateral type and maturity as of:

	December 31,
(In thousands)	2018		2017		2016
Fair value of pledged securities – overnight and continuous
Mortgage-backed securities and collateralized mortgage obligations of U.S. Government Sponsored Entities	$	246,829	$	216,094	$	204,202