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Borrowed Funds (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
A summary of short-term borrowings is presented below.
 
2015
 
2014
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 December 31
$
167,950

 
$
3,444

 
$
120,950

 
$
2,683

Average balance outstanding for the period
146,412

 
4,690

 
94,982

 
5,804

Maximum balance outstanding at any month end during period
171,160

 
7,438

 
136,800

 
8,976

Weighted average interest rate for the period
0.43
%
 
0.50
%
 
0.31
%
 
0.25
%
Weighted average interest rate for balances
 

 
 

 
 

 
 

     outstanding at December 31
0.35
%
 
0.26
%
 
0.31
%
 
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 December 31,
Dollars in thousands
2015
 
2014
Long-term FHLB advances
$
873

 
$
977

Long-term reverse repurchase agreements
72,000

 
72,000

Term loan
2,708

 
4,513

Total
$
75,581

 
$
77,490

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 owed
to unconsolidated
subsidiary trusts
2016
 
$
28,911

 
$

2017
 
919

 

2018
 
45,017

 

2019
 
18

 

2020
 
18

 

Thereafter
 
698

 
19,589

Total
 
$
75,581

 
$
19,589