SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2015

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	September 30, 2015			December 31, 2014
Outstanding balance at end of period	$	309,624		$	356,108
Weighted average interest rate at period end		0.02	%		0.04	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	145,490		$	121,378
Mortgage backed securities - residential		86,214			105,144
Collateralized mortgage obligations		119,737			151,956
Total securities pledged	$	351,441		$	378,478

	Three Months Ended							Nine Months Ended
	September 30,						September 30,
(in thousands)	2015			2014			2015			2014
Average outstanding balance during the period	$	363,905		$	317,053		$	363,518		$	266,765
Average interest rate during the period		0.02	%		0.04	%		0.03	%		0.04	%
Maximum outstanding at any month end during the period	$	369,606		$	294,817		$	408,955		$	294,817