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

3 Months Ended

Mar. 31, 2017

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

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	March 31, 2017			December 31, 2016
Outstanding balance at end of period	$	144,375		$	173,473
Weighted average interest rate at end of period		0.10	%		0.05	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	115,726		$	116,025
Mortgage backed securities - residential		35,996			45,894
Collateralized mortgage obligations		46,018			41,155
Total securities pledged	$	197,740		$	203,074

		Three Months Ended
	March 31,
(dollars in thousands)	2017			2016
Average outstanding balance during the period	$	218,412		$	407,698
Average interest rate during the period		0.05	%		0.02	%
Maximum outstanding at any month end during the period	$	183,709		$	367,373