Borrowings (Tables)

3 Months Ended

Mar. 31, 2018

Borrowings [Abstract]

Short-Term Borrowings

The following table presents total short-term borrowings as of the dates indicated:

	March 31, 2018			December 31, 2017
	(in thousands)
Federal funds purchased	$	-		$	10,000
Overnight repurchase agreements		36,141			20,693
FHLB advances		50,000			47,500
Total short-term borrowings	$	86,141		$	78,193
Maximum month-end outstanding balance	$	99,898		$	79,819
Average outstanding balance during the period	$	88,686		$	53,165
Average interest rate (year-to-date)		1.14	%		0.72	%
Average interest rate at end of period		0.99	%		1.27	%