SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)

12 Months Ended

Dec. 31, 2021

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

Schedule of securities sold under agreements to repurchase

December 31, (dollars in thousands)	2021			2020
Outstanding balance at end of period	$	290,967		$	211,026
Weighted average interest rate at end of period		0.04	%		0.04	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	108,813		$	60,059
Mortgage backed securities - residential		167,561			140,554
Collateralized mortgage obligations		33,441			29,656
Total securities pledged	$	309,815		$	230,269

Years Ended December 31, (in thousands)	2021			2020			2019
Average outstanding balance during the period	$	231,430		$	204,797		$	236,883
Average interest rate during the period		0.03	%		0.09	%		0.51	%
Maximum outstanding at any month end during the period	$	432,047		$	295,698		$	276,927