XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Short-Term Borrowings | 12 Months Ended
--- | ---
Dec. 31, 2017
Short-Term Borrowings [Abstract] |
Short-Term Borrowings | Note 8. Short-Term Borrowings ﻿ The following table presents information concerning short-term borrowing as of December 31, 2017 and 2016: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | December 31,
﻿(in thousands) |  | 2017 |  | 2016
﻿Federal funds purchased: |  |  |  |  |  |
﻿Amount outstanding at period end |  | $ | 140,754 |  | $ | 2,275
﻿Average amount outstanding during period |  |  | 27,063 |  |  | 14,052
﻿Maximum amount at any month end during period |  |  | 140,754 |  |  | 59,475
﻿Weighted-average interest at period end |  |  | 1.00% |  |  | 0.38%
﻿Weighted-average interest rate during period |  |  | 1.37% |  |  | 0.50%
﻿Securities sold under agreements to repurchase: |  |  |  |  |  |
﻿Amount outstanding at period end |  | $ | 430,569 |  | $ | 358,131
﻿Average amount outstanding during period |  |  | 501,719 |  |  | 454,571
﻿Maximum amount at any month end during period |  |  | 587,569 |  |  | 579,099
﻿Weighted-average interest at period end |  |  | 0.17% |  |  | 0.04%
﻿Weighted-average interest rate during period |  |  | 0.12% |  |  | 0.03%
﻿FHLB borrowings: |  |  |  |  |  |
﻿Amount outstanding at period end |  | $ | 1,132,567 |  | $ | 865,000
﻿Average amount outstanding during period |  |  | 1,478,114 |  |  | 943,570
﻿Maximum amount at any month end during period |  |  | 2,061,652 |  |  | 1,175,000
﻿Weighted-average interest at period end |  |  | 1.35% |  |  | 0.54%
﻿Weighted-average interest rate during period |  |  | 1.00% |  |  | 0.41%
﻿ Federal funds purchased represent unsecured borrowings from other banks, generally on an overnight basis. ﻿ Securities sold under agreements to repurchase (“repurchase agreements”) are funds borrowed on a secured basis by selling securities under agreements to repurchase, mainly in connection with treasury-management services offered to deposit customers. The customer repurchase agreements mature daily and are secured by agency securities. As the Company maintains effective control over assets sold und er agreements to repurchase, the securities continue to be carried on the consolidated statements of financial condition. Because the Company acts as borrower transferring assets to the counterparty, and the agreements mature daily, the Company’s risk is very limited. ﻿ The $1.1 billion of FHLB borrowings at December 31, 2017 consists of six fixed rate notes totaling $22 3 million, all of which mature in 2018, and six variable rate notes totaling $910 million, of which $4 50 million mature in 2020, $200 million mature in 2025 and $260 million mature in 202 6. These notes reprice monthly or quarterly and may be repaid at our option, either in whole o r in part, on any monthly repri cing date, subject to a two week advanced notice.

X
- References No definition available. + Details
Name: | us-gaap_ShortTermBorrowingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for short-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_ShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration