Federal funds purchased and securities sold under agreements to repurchase (Tables)

3 Months Ended

Mar. 31, 2020

Federal funds purchased and securities sold under agreements to repurchase

Schedule of federal funds purchased and securities sold under agreements to repurchase

	March 31,		December 31,
(in thousands)	2020		2019
Federal funds purchased	$	—	$	—
Repurchase agreements		30,764		27,272
Total	$	30,764	$	27,272

Schedule of repurchase agreements by remaining maturity of the agreements

Repurchase Agreements	Remaining Contractual Maturity of the Agreements
	Overnight		Less		Greater
	and		than		than
(in thousands)	continuous		90 days		90 days		Total
At March 31, 2020
U.S. Treasury	$	779	$	—	$	—	$	779
U.S. government-sponsored enterprises		17,275		—		—		17,275
Asset-backed securities		12,710		—		—		12,710
Total	$	30,764	$	—	$	—	$	30,764
At December 31, 2019
U.S. Treasury	$	754	$	—	$	—	$	754
U.S. government-sponsored enterprises		12,853		—		—		12,853
Asset-backed securities		13,665		—		—		13,665
Total	$	27,272	$	—	$	—	$	27,272