Cash and Cash Equivalents (Tables)

12 Months Ended

Dec. 31, 2017

Cash and Cash Equivalents [Abstract]

Schedules of Cash and Cash Equivalents

Cash and due from banks, which represents vault cash in the retail offices and invested cash balances at the Federal Reserve, is carried at fair value.

(in thousands)	December 31, 2017		December 31, 2016
Cash and due from banks, weighted average interest rate of 0.82% (at December 31, 2017)	$	82,273	$	60,707

Interest bearing deposits in banks, which represent funds invested at a correspondent bank, are carried at fair value and, as of December 31, 2017 and 2016, consisted of daily funds invested at the FHLB of Atlanta, and M&T Bank (“M&T”).

(in thousands)	December 31, 2017		December 31, 2016
FHLB daily investments, interest rate of 1.24% (at December 31, 2017)	$	464	$	1,590
M&T daily investments, interest rate of 0.15% (at December 31, 2017)		1,015		1,013
	$	1,479	$	2,603