Short-Term Borrowings and Long-Term FHLB Advances (Tables)

3 Months Ended

Mar. 31, 2019

Long-term Federal Home Loan Bank Advances [Abstract]

Schedule of Short-term Debt

A summary of short-term borrowings is as follows:

(dollars in thousands)	March 31, 2019		December 31, 2018
Repurchase agreements(1) – commercial customers	$	11,304	$	22,717
Short-term FHLB advances	104,910		229,650
Overnight federal funds	8,000		—
Total short-term borrowings	$	124,214	$	252,367

(1) Overnight repurchase agreements with no expiration date

Schedule of Additional Information on Short Term Borrowings

The following table sets forth information concerning short-term borrowings:

	Three Months Ended March 31,
(dollars in thousands)	2019			2018
Balance at period-end	$	124,214		$	173,704
Maximum amount outstanding at any month end	$	184,257		$	173,704
Average balance outstanding during the period	$	179,754		$	172,532
Weighted-average interest rate:
As of the period-end	2.47		%	1.76		%
Paid during the period	2.43		%	1.48		%

Schedule of Maturities of Long-term Debt

The following table presents the remaining periods until maturity of long-term FHLB advances:

(dollars in thousands)	March 31, 2019		December 31, 2018
Within one year	$	33,105	$	28,105
Over one year through five years	22,302		27,269
Total	$	55,407	$	55,374

Schedule of Federal Home Loan Bank Advances and Other Borrowings Maturities

The following table presents rate and maturity information on FHLB advances and other borrowings: 

	Maturity Range(1)		Weighted Average Rate(1)		Coupon Rate(1)				Balance at
Description	From	To			From		To		March 31, 2019		December 31, 2018
Bullet maturity – fixed rate	5/20/2019	8/24/2021	1.76	%	1.40	%	2.13	%	$	55,407	$	55,374

(1) Maturity range, weighted average rate and coupon rate range refers to March 31, 2019balances.