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Borrowed Funds (Tables)
6 Months Ended
Jun. 30, 2013
Borrowed Funds [Abstract]  
Summary of Short Term Borrowings [Table Text Block]

 

The following is a summary of short-term borrowings with original maturities of less than one year:

 

 

 

 

 

 

 

(Dollars in thousands)

Six Months Ended June 30, 2013

Year Ended December 31, 2012

Securities sold under agreements to repurchase:

 

 

 

 

  Outstanding at end of period

$

50,954 

$

39,257 

  Weighted average interest rate at end of period

 

0.15% 

 

0.34% 

  Maximum amount outstanding as of any month end

$

54,054 

$

52,367 

  Average amount outstanding

$

44,012 

$

38,812 

  Approximate weighted average rate during the period

 

0.15% 

 

0.34% 

 

Summary of Long Term Borrowings [Table Text Block]

The following is a summary of long-term borrowings with original maturities exceeding one year:

 

 

 

 

 

 

 

June 30,

December 31,

(In thousands)

2013

2012

FHLB advances, bearing fixed interest at rates ranging from 1.00% to 3.69% at June 30, 2013

$

135,974 

$

136,005 

Junior subordinated debt, bearing variable interest rates ranging from 2.12% to 3.02% at June 30, 2013

 

35,929 

 

35,929 

Junior subordinated debt, bearing fixed interest rate of 9.88% at June 30, 2013

 

10,801 

 

10,801 

Total long-term debt

$

182,704 

$

182,735 

 

Contractual Maturities Of All Long Term Borrowings [Table Text Block]

The contractual maturities of all long-term borrowings are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2013

 

December 31, 2012

 

Fixed

Floating

 

 

 

 

 

(In thousands)

Rate

Rate

Total

 

Total

Due in 2013

$

$

$

 

$

Due in 2014

 

 

 

 

 

Due in 2015

 

30,000 

 

5,000 

 

35,000 

 

 

35,000 

Due in 2016

 

 

 

 

 

Due in 2017

 

 

 

 

 

Due in 2018

 

70,000 

 

 

70,000 

 

 

70,000 

Thereafter

 

46,775 

 

30,929 

 

77,704 

 

 

77,735 

Total long-term debt

$

146,775 

$

35,929 

$

182,704 

 

$

182,735