Borrowings (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule of Borrowed Funds Outstanding

The following table summarizes other borrowed funds outstanding at December 31:

	2013		2012
Short-Term Borrowings:
Securities sold under repurchase agreements – retail	$	130,047	$	151,035
FHLBB advances less than 90 days	230,000		—
FHLBB and correspondent bank overnight borrowings	38,800		41,500
Capital lease obligation	60		57
Notes payable	25		89
Total short-term borrowings	398,932		192,681
Long-Term Borrowings:
Securities sold under repurchase agreements – commercial	30,142		66,187
Capital lease obligation	984		1,044
Notes payable	—		28
Total long-term borrowings	31,126		67,259
Total other borrowed funds	$	430,058	$	259,940

Schedule of Amounts Outstanding and Interest Rates of Short-term Borrowings

Information on the amounts outstanding and interest rates of short-term borrowings for each of the three years in the period ended December 31 are as follows:

	2013			2012			2011
Balance outstanding at end of year	$	398,932		$	192,681		$	247,928
Average daily balance outstanding	271,281			261,335			220,847
Maximum balance outstanding at any month end	398,932			346,786			332,321
Weighted average interest rate for the year	0.19		%	0.21		%	0.34		%
Weighted average interest rate at end of year	0.16		%	0.18		%	0.19		%

Schedule of Securities Sold Under Agreements to Repurchase--Commercial

The securities sold under repurchase agreements – commercial are fixed rate borrowings, which are callable quarterly, with the following schedule of maturities, rate and year in which the instrument becomes callable, as of December 31, 2013:

	Amount		Rate		Callable
2016	$	25,000	2.61	%	2014
2017	5,142		4.67	%	2014
Total	$	30,142	2.96	%

Schedule of Advances from Federal Home Loan Banks

The advances payable to the FHLB are summarized as follows:

	December 31, 2013				December 31, 2012
	Total Outstanding		Callable		Total Outstanding		Callable
Fixed Rate:
0.28% – 6.15% due in 2013	$	—	$	—	$	222	$	—
2.75% – 4.75% due in 2015	11,112		10,000		11,182		10,000
1.80% – 1.95% due in 2016	25,000		—		25,000		—
3.99% – 4.06% due in 2017	20,000		20,000		20,000		20,000
Total FHLB advances	$	56,112	$	30,000	$	56,404	$	30,000