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Borrowed Funds (Tables)
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
Short-term borrowings:    A summary of short-term borrowings is presented below:
 
Nine Months Ended September 30,
 
2014
 
2013
Dollars in thousands
Short-term
FHLB
Advances
 
Federal Funds
Purchased
and Lines
of Credit
 
Short-term
FHLB
Advances
 
Federal Funds
Purchased
and Lines
of Credit
Balance at September 30
$
125,000

 
$
2,432

 
$
45,200

 
$
8,963

Average balance outstanding for the period
86,039

 
6,925

 
22,834

 
2,745

Maximum balance outstanding at any month end during period
132,550

 
8,976

 
45,200

 
8,963

Weighted average interest rate for the period
0.26
%
 
0.25
%
 
0.27
%
 
0.25
%
Weighted average interest rate for balances
 

 
 

 
 

 
 

     outstanding at September 30
0.30
%
 
0.25
%
 
0.26
%
 
0.25
%

 
Year Ended December 31, 2013
Dollars in thousands
Short-term
FHLB
Advances
 
Federal Funds
Purchased
and Lines
of Credit
 Balance at December 31
$
53,800

 
$
8,969

Average balance outstanding for the period
29,786

 
4,313

Maximum balance outstanding at any month end during period
55,300

 
8,969

Weighted average interest rate for the period
0.28
%
 
0.25
%
Weighted average interest rate for balances outstanding at December 31
0.26
%
 
0.25
%
Schedule of Long-term Debt Instruments
All FHLB advances are collateralized primarily by similar amounts of residential mortgage loans, certain commercial loans, mortgage backed securities and securities of U. S. Government agencies and corporations.
 
Balance at September 30,
 
Balance at 
 December 31,
Dollars in thousands
2014
 
2013
 
2013
Long-term FHLB advances
$
1,001

 
$
82,624

 
$
82,600

Long-term reverse repurchase agreements
72,000

 
72,000

 
72,000

Term loans
5,465

 
8,916

 
8,916

Total
$
78,466

 
$
163,540

 
$
163,516

Schedule of Maturities of Long-term Debt
A summary of the maturities of all long-term borrowings and subordinated debentures for the next five years and thereafter is as follows:
Dollars in thousands
 
 
Long-term
borrowings
 
Subordinated
debentures
 
Subordinated
debentures owed
to unconsolidated
subsidiary trusts
Year Ending December 31,
2014
 
$
476

 
$

 
$

 
2015
 
1,909

 
10,000

 

 
2016
 
28,911

 

 

 
2017
 
960

 

 

 
2018
 
45,100

 

 

 
Thereafter
 
1,110

 
6,800

 
19,589

 
 
 
$
78,466

 
$
16,800

 
$
19,589