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

9 Months Ended

Sep. 30, 2022

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

Schedule of securities sold under agreements to repurchase

(dollars in thousands)	September 30, 2022			December 31, 2021
Outstanding balance at end of period	$	209,376		$	290,967
Weighted average interest rate at end of period		0.33	%		0.04	%
Fair value of securities pledged:
U.S. Treasury securities and U.S. Government agencies	$	230,798		$	108,813
Mortgage backed securities - residential		23,208			167,561
Collateralized mortgage obligations		—			33,441
Total securities pledged	$	254,006		$	309,815

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(dollars in thousands)	2022			2021			2022			2021
Average outstanding balance during the period	$	220,149		$	242,867		$	271,276		$	201,992
Average interest rate during the period		0.17	%		0.03	%		0.08	%		0.02	%
Maximum outstanding at any month end during the period	$	209,376		$	307,358		$	303,315		$	307,358