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

9 Months Ended

Sep. 30, 2019

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

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	September 30, 2019			December 31, 2018
Outstanding balance at end of period	$	167,949		$	182,990
Weighted average interest rate at end of period		0.48	%		0.83	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	85,033		$	110,854
Mortgage backed securities - residential		113,671			84,657
Collateralized mortgage obligations		13,116			10,136
Total securities pledged	$	211,820		$	205,647

	Three Months Ended							Nine Months Ended
	September 30,						September 30,
(dollars in thousands)	2019			2018			2019			2018
Average outstanding balance during the period	$	246,889		$	213,195		$	232,949		$	216,070
Average interest rate during the period		0.48	%		0.59	%		0.60	%		0.46	%
Maximum outstanding at any month end during the period	$	219,812		$	163,768		$	226,002		$	215,281