Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2021

Short Term Borrowings [Abstract]

Short-Term Borrowings

The following table presents information concerning short-term borrowings at and for the years ended December 31, 2021 and 2020:

	December 31,
(in thousands)	2021			2020
Federal funds purchased:
Amount outstanding at period end	$	1,850		$	300
Average amount outstanding during period		3,762			9,708
Maximum amount at any month end during period		4,400			330,330
Weighted-average interest at period end		0.15	%		0.15	%
Weighted-average interest rate during period		0.43	%		1.15	%
Securities sold under agreements to repurchase:
Amount outstanding at period end	$	563,211		$	567,213
Average amount outstanding during period		559,410			600,167
Maximum amount at any month end during period		643,403			806,645
Weighted-average interest at period end		0.05	%		0.14	%
Weighted-average interest rate during period		0.10	%		0.24	%
FHLB borrowings:
Amount outstanding at period end	$	1,100,000		$	1,100,000
Average amount outstanding during period		1,100,000			1,368,320
Maximum amount at any month end during period		1,100,000			2,110,000
Weighted-average interest at period end		0.49	%		0.49	%
Weighted-average interest rate during period		0.49	%		0.62	%