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

6 Months Ended

Jun. 30, 2017

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

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	June 30, 2017			December 31, 2016
Outstanding balance at end of period	$	113,334		$	173,473
Weighted average interest rate at end of period		0.38	%		0.05	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	55,812		$	116,025
Mortgage backed securities - residential		57,295			45,894
Collateralized mortgage obligations		43,485			41,155
Total securities pledged	$	156,592		$	203,074

	Three Months Ended							Six Months Ended
	June 30,						June 30,
(dollars in thousands)	2017			2016			2017			2016
Average outstanding balance during the period	$	179,594		$	267,574		$	198,896		$	337,636
Average interest rate during the period		0.33	%		0.02	%		0.17	%		0.02	%
Maximum outstanding at any month end during the period	$	156,339		$	263,228		$	183,709		$	367,373