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Short-term Borrowings and Long-term FHLB Advances (Tables)
 12 Months Ended
Dec. 31, 2020
Long-term Federal Home Loan Bank Advances [Abstract]  
Schedule of Short-term Debt
A summary of short-term borrowings is as follows:
 As of December 31,
(dollars in thousands)20202019
Repurchase agreements(1) – commercial customers
$38,836 $10,819 
Short-term FHLB advances33,325 482,400 
Total short-term borrowings$72,161 $493,219 
(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:
 As of or For the Year Ended December 31,
(dollars in thousands)20202019
Balance at period-end$72,161 $493,219 
Maximum amount outstanding at any month end$174,431 $493,219 
Average balance outstanding during the period$83,733 $129,545 
Weighted-average interest rate:
As of the period-end0.26 %1.82 %
Paid during the period0.84 %2.07 %
Schedule of Maturities of Long-term Debt
The following table presents the remaining periods until maturity of long-term FHLB advances (original maturities exceeding one year):
 As of December 31,
(dollars in thousands)20202019
Within one year$39,906 $12,363 
Over one year through five years— 39,906 
Total$39,906 $52,269 
Schedule of Federal Home Loan Bank Advances and Other Borrowings Maturities
The following table presents rate and maturity information on long-term FHLB advances:
(dollars in thousands)
Maturity Range(1)
Weighted
Average
Rate(1)
Coupon Rate(1)
Balance at
December 31,
DescriptionFromToFromTo20202019
Bullet maturity – fixed rate8/24/202111/12/20211.68 %1.40 %1.85 %$39,906 $52,269 

(1) Maturity range, weighted average rate and coupon rate range refers to December 31, 2020 balances.