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Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2017
Short-Term Borrowings [Abstract]  
Short-Term Borrowings



 

 

 

 

 

 



 

 

 

 

 

 



 

December 31,

(in thousands)

 

2017

 

2016

Federal funds purchased:

 

 

 

 

 

 

Amount outstanding at period end

 

$

140,754 

 

$

2,275 

Average amount outstanding during period

 

 

27,063 

 

 

14,052 

Maximum amount at any month end during period

 

 

140,754 

 

 

59,475 

Weighted-average interest at period end

 

 

1.00% 

 

 

0.38% 

Weighted-average interest rate during period

 

 

1.37% 

 

 

0.50% 

Securities sold under agreements to repurchase:

 

 

 

 

 

 

Amount outstanding at period end

 

$

430,569 

 

$

358,131 

Average amount outstanding during period

 

 

501,719 

 

 

454,571 

Maximum amount at any month end during period

 

 

587,569 

 

 

579,099 

Weighted-average interest at period end

 

 

0.17% 

 

 

0.04% 

Weighted-average interest rate during period

 

 

0.12% 

 

 

0.03% 

FHLB borrowings:

 

 

 

 

 

 

Amount outstanding at period end

 

$

1,132,567 

 

$

865,000 

Average amount outstanding during period

 

 

1,478,114 

 

 

943,570 

Maximum amount at any month end during period

 

 

2,061,652 

 

 

1,175,000 

Weighted-average interest at period end

 

 

1.35% 

 

 

0.54% 

Weighted-average interest rate during period

 

 

1.00% 

 

 

0.41%