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

9 Months Ended

Sep. 30, 2017

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

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	September 30, 2017			December 31, 2016
Outstanding balance at end of period	$	173,311		$	173,473
Weighted average interest rate at end of period		0.37	%		0.05	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	74,655		$	116,025
Mortgage backed securities - residential		58,437			45,894
Collateralized mortgage obligations		55,551			41,155
Total securities pledged	$	188,643		$	203,074

	Three Months Ended							Nine Months Ended
	September 30,						September 30,
(dollars in thousands)	2017			2016			2017			2016
Average outstanding balance during the period	$	208,160		$	215,343		$	202,018		$	296,574
Average interest rate during the period		0.31	%		0.02	%		0.22	%		0.02	%
Maximum outstanding at any month end during the period	$	173,311		$	169,691		$	183,709		$	367,373