Short-Term Borrowings (Tables)

6 Months Ended

Jun. 30, 2020

Short-Term Borrowings

Schedule of short-term borrowings

	Three months ended
	June 30,
(dollars in thousands)	2020			2019
Fed funds purchased
Balance as of end of period	$	—		$	6,445
Average daily balance		321			103,035
Maximum month-end balance		—			139,605
Weighted-average rate
During period		—	%		2.59	%
End of period		—	%		2.50	%
FHLB Short-term advances
Balance as of end of period	$	—		$	135,000
Average daily balance		—			12,857
Maximum month-end balance		—			135,000
Weighted-average rate
During period		—	%		2.16	%
End of period		—	%		2.40	%

	Six months ended
	June 30,
(dollars in thousands)	2020			2019
Fed funds purchased
Balance as of end of period	$	—		$	6,445
Average daily balance		161			93,238
Maximum month-end balance		—			139,605
Weighted-average rate
During period		—	%		2.59	%
End of period		—	%		2.50	%
FHLB Short-term advances
Balance as of end of period	$	—		$	135,000
Average daily balance		—			6,464
Maximum month-end balance		—			135,000
Weighted-average rate
During period		—	%		2.17	%
End of period		—	%		2.40	%