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

6 Months Ended

Jun. 30, 2022

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

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	June 30, 2022			December 31, 2021
Outstanding balance at end of period	$	303,315		$	290,967
Weighted average interest rate at end of period		0.09	%		0.04	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	304,203		$	108,813
Mortgage backed securities - residential		42,422			167,561
Collateralized mortgage obligations		1,190			33,441
Total securities pledged	$	347,815		$	309,815

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(dollars in thousands)	2022			2021			2022			2021
Average outstanding balance during the period	$	294,388		$	169,888		$	297,263		$	181,216
Average interest rate during the period		0.07	%		0.02	%		0.05	%		0.02	%
Maximum outstanding at any month end during the period	$	303,315		$	174,928		$	303,315		$	200,704