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

9 Months Ended

Sep. 30, 2016

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	September 30, 2016			December 31, 2015
Outstanding balance at end of period	$	152,458		$	395,433
Weighted average interest rate at end of period		0.02	%		0.02	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	76,312		$	244,707
Mortgage backed securities - residential		52,513			82,666
Collateralized mortgage obligations		46,170			130,821
Total securities pledged	$	174,995		$	458,194

	Three Months Ended							Nine Months Ended
	September 30,						September 30,
(dollars in thousands)	2016			2015			2016			2015
Average outstanding balance during the period	$	215,343		$	363,905		$	296,574		$	363,518
Average interest rate during the period		0.02	%		0.02	%		0.03	%		0.03	%
Maximum outstanding at any month end during the period	$	169,691		$	369,606		$	367,373		$	408,955