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Borrowed Funds (Tables)
6 Months Ended
Jun. 30, 2014
Debt Disclosure [Abstract]  
Summary of Borrowed Funds

The Company’s borrowed funds as of the respective dates are summarized as follows:

 

(Dollar amounts in thousands)    June 30, 2014      December 31, 2013  
     Weighted            Weighted        
     average            average        
     rate     Amount      rate     Amount  

FHLB advances:

         

Due within 12 months

     1.95   $ 57,180         2.12   $ 101,492   

Due beyond 12 months but within 2 years

     0.95     60,075         2.14     25,873   

Due beyond 2 years but within 3 years

     1.11     85,466         0.99     78,008   

Due beyond 3 years but within 4 years

     1.60     44,375         1.34     73,380   

Due beyond 4 years but within 5 years

     3.21     12,628         3.26     12,168   
    

 

 

      

 

 

 
     $ 259,724         $ 290,921   
    

 

 

      

 

 

 

Repurchase agreements:

         

Due within 12 months

     2.24   $ 38,000         2.34   $ 58,000   

Due beyond 12 months but within 2 years

     —          —           4.12     10,000   

Due beyond 2 years but within 3 years

     4.28     25,000         —          —     

Due beyond 3 years but within 4 years

     3.90     10,000         4.28     25,000   

Due beyond 4 years but within 5 years

     4.66     35,000         4.49     45,000   
    

 

 

      

 

 

 
     $ 108,000         $ 138,000   
    

 

 

      

 

 

 

Other borrowings:

         

ESOP borrowings

         

Due within 12 months

     4.68   $ 1,000         4.68   $ 1,000   

Due beyond 12 months but within 2 years

     4.68     750         4.68     1,000   

Due beyond 2 years but within 3 years

     —          —           4.68     250   
    

 

 

      

 

 

 
     $ 1,750         $ 2,250   
    

 

 

      

 

 

 

Corporate borrowings

         

Due within 12 months

     3.75   $ 1,000         3.75   $ 1,000   

Due beyond 12 months but within 2 years

     3.75     1,000         3.75     1,000   

Due beyond 2 years but within 3 years

     3.75     1,000         3.75     1,000   

Due beyond 3 years but within 4 years

     3.75     5,972         3.75     1,000   

Due beyond 4 years but within 5 years

     —          —           3.75     5,973   
    

 

 

      

 

 

 
     $ 8,972         $ 9,973   
    

 

 

      

 

 

 

Junior subordinated notes

         

Due beyond 5 years

     2.04   $ 36,083         2.06   $ 36,083