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

6 Months Ended

Jun. 30, 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)	June 30, 2019		December 31, 2018
Repurchase agreements(1) – commercial customers	$	12,798	$	22,717
Short-term FHLB advances	195,030		229,650
Total short-term borrowings	$	207,828	$	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 June 30,						Six Months Ended June 30,
(dollars in thousands)	2019			2018			2019			2018
Balance at period-end	$	207,828		$	227,059		$	207,828		$	227,059
Maximum amount outstanding at any month end	207,828			279,525			207,828			279,525
Average balance outstanding during the period	68,529			218,566			112,844			198,079
Weighted-average interest rate:
As of the period-end	2.33		%	1.89		%	2.33		%	1.89		%
Paid during the period	2.09		%	1.92		%	2.32		%	1.72		%

Schedule of Maturities of Long-term Debt

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

(dollars in thousands)	June 30, 2019		December 31, 2018
Within one year	$	28,104	$	28,105
Over one year through five years	19,837		27,269
Total	$	47,941	$	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		June 30, 2019		December 31, 2018
Bullet maturity – fixed rate	7/29/2019	8/24/2021	1.79	%	1.40	%	2.13	%	$	47,941	$	55,374

(1) Maturity range, weighted average rate and coupon rate range refers to June 30, 2019 balances.