Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2017

Borrowed Funds [Abstract]

Summary of Short Term Borrowings

(Dollars in thousands)	2017		2016
Securities sold under agreements to repurchase:
Outstanding at end of year	$	48,845	$	36,000
Weighted average interest rate at year end		0.15%		0.16%
Maximum amount outstanding as of any month end	$	58,438	$	39,456
Average amount outstanding	$	37,326	$	30,899
Approximate weighted average rate during the year		0.19%		0.19%

Summary of Long Term Borrowings

The following is a summary of long-term borrowings at December 31, 2017 and 2016 with original maturities exceeding one year:

(In thousands)	2017		2016
FHLB advances, bearing fixed interest rates ranging from 1.54% to 3.69% at December 31, 2017	$	90,000	$	90,007
Junior subordinated debt, bearing variable interest rate of 3.74% at December 31, 2017		30,929		30,929
Junior subordinated debt, bearing fixed interest rate of 9.88% at December 31, 2016		0		10,801
Total long-term debt	$	120,929	$	131,737

Contractual Maturities of All Long Term Borrowings

The contractual maturities of long-term borrowings at December 31, 2017 and 2016 are as follows:

	2017
	Fixed		Floating				2016
(in thousands)	Rate		Rate		Total		Total
Due in 2018	$	20,000	$	0	$	20,000	$	20,000
Due in 2019		20,000		0		20,000		20,000
Due in 2020		30,000		0		30,000		30,000
Due in 2021		20,000		0		20,000		20,000
Thereafter		0		30,929		30,929		41,737
Total long-term debt	$	90,000	$	30,929	$	120,929	$	131,737

Schedule of Pledged Collateral on Line of Credit

The line is secured by certain qualified mortgage, commercial and home equity loans and investment securities as follows (in thousands):

1-4 family mortgage loans	$	119,482
Commercial loans		26,069
Multi-family loans		3,422
Home equity loans		27,274
	$	176,247