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Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2023
Short-Term Borrowings  
Schedule of short-term borrowings

Year ended

December 31, 

(dollars in thousands)

    

2023

    

2022

    

2021

Fed funds purchased

 

Balance as of end of period

$

114,170

$

153,080

$

Average daily balance

287,768

63,296

3

Maximum month-end balance

492,060

251,880

Weighted-average rate

During period

5.31

%

2.46

%

%

End of period

5.51

%

4.26

%

%

FHLB short-term advances

Balance as of end of period

$

200,000

$

225,000

$

Average daily balance

113,973

89,932

Maximum month-end balance

200,000

225,000

Weighted-average rate

During period

5.39

%

3.10

%

%

End of period

5.50

%

4.31

%

%