Short-Term Borrowings and Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Instrument [Line Items]

Schedule of Short-term and Long-term Borrowings

The following table stratifies COB’s borrowings as short-term and long-term at the periods indicated.

	December 31,
(dollars in thousands)	2014				2013
	Balance		Rate		Balance		Rate
Short-term borrowings:
Retail customer repurchase agreements	$	9,076	0.21	%	$	6,917	0.21	%
Total short-term borrowings	$	9,076			$	6,917
Long-term debt:
Federal Home Loan Bank advances	$	68,234	1.68		$	73,283	1.80
Long-term notes payable	5,338		1.43		5,263		1.43
Junior subordinated debt	56,702		1.78		56,702		1.77
Total long-term debt	$	130,274			$	135,248

Schedule of Retail Repurchase Agreements and Federal Funds Purchased

Information concerning retail repurchase agreements and federal funds purchased is as follows:

(dollars in thousands)	2014			2013			2012
	Retail Repurchase Agreements			Retail Repurchase Agreements			Retail Repurchase Agreements
Balance at December 31	$	9,076		$	6,917		$	8,675
Average balance during the year	7,713			9,852			9,861
Maximum month end balance	12,217			13,064			12,720
Weighted average interest rate:
At December 31	0.21		%	0.21		%	0.19		%
During the year	0.21			0.21			0.29

FHLB advance [Member]

Debt Instrument [Line Items]

Scheduled Maturities of Long-term Debt

At December 31, 2014, the scheduled maturities of FHLB advances payable over the next five years and thereafter, certain of which are convertible to a variable rate at the option of the FHLB before scheduled maturity, are as follows:

(dollars in thousands)
Twelve Months Ended December 31,
2015	$	3,000
2016	5,000
2017	5,000
2018	5,234
2019	—
2020 and thereafter	50,000
Total FHLB advances	$	68,234

Schedule of Long-term Debt

Long-term debt included of the following advances from the FHLB at the periods indicated.

(dollars in thousands)
			December 31,
Maturity	Interest Rate		2014		2013
December 29, 2014	3.3125	%	$	—	$	5,000
September 8, 2015	3.7100		3,000		3,000
September 27, 2016	0.9300		5,000		5,000
September 27, 2017	1.4200		5,000		5,000
August 27, 2018	6.1500		234		283
September 27, 2018	1.8400		5,000		5,000
June 15, 2020	1.6224		50,000		50,000
			$	68,234	$	73,283

Junior Subordinated Debentures [Member]

Debt Instrument [Line Items]

Schedule of Long-term Debt

Information concerning the Junior Subordinated Debentures is as follows at the periods indicated.

(dollars in thousands)		Commencement
	Stated	of Early	As of December 31,
	Maturity	Redemption	2014				2013
Issuer	Date	Period	Principal		Unpaid Interest		Principal		Unpaid Interest		Interest Rate
FNB Trust I	12/15/2035	12/15/2010	$	20,619	$	1,107	$	20,619	$	753	3 month LIBOR + 1.37% = 1.61% at 12/31/14
FNB Trust II	6/30/2036	6/30/2011	30,928		1,588		30,928		1,078		3 month LIBOR + 1.32% = 1.58% at 12/31/14
Catawba Trust II	12/30/2032	12/30/2007	5,155		608		5,155		404		3 month LIBOR + 3.35% = 3.61% at 12/31/14
Total Junior Subordinated Debentures			$	56,702	$	3,303	$	56,702	$	2,235