XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Short-Term Borrowings | 12 Months Ended
--- | ---
Dec. 31, 2018
Short-Term Borrowings [Abstract] |
Short-Term Borrowings | Note 8. Short-Term Borrowings ﻿ The following table presents information concerning short-term borrowing at and for the years ended December 31, 2018 and 2017: ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | December 31,
﻿(in thousands) |  | 2018 |  | 2017
﻿Federal funds purchased: |  |  |  |  |  |
﻿Amount outstanding at period end |  | $ | 425 |  | $ | 140,754
﻿Average amount outstanding during period |  |  | 39,968 |  |  | 27,063
﻿Maximum amount at any month end during period |  |  | 100,925 |  |  | 140,754
﻿Weighted-average interest at period end |  |  | 2.00% |  |  | 1.00%
﻿Weighted-average interest rate during period |  |  | 2.11% |  |  | 1.37%
﻿Securities sold under agreements to repurchase: |  |  |  |  |  |
﻿Amount outstanding at period end |  | $ | 428,599 |  | $ | 430,569
﻿Average amount outstanding during period |  |  | 456,000 |  |  | 501,719
﻿Maximum amount at any month end during period |  |  | 500,345 |  |  | 587,569
﻿Weighted-average interest at period end |  |  | 0.32% |  |  | 0.17%
﻿Weighted-average interest rate during period |  |  | 0.23% |  |  | 0.12%
﻿FHLB borrowings: |  |  |  |  |  |
﻿Amount outstanding at period end |  | $ | 1,160,104 |  | $ | 1,132,567
﻿Average amount outstanding during period |  |  | 1,694,804 |  |  | 1,478,114
﻿Maximum amount at any month end during period |  |  | 2,410,258 |  |  | 2,061,652
﻿Weighted-average interest at period end |  |  | 2.48% |  |  | 1.35%
﻿Weighted-average interest rate during period |  |  | 2.02% |  |  | 1.00%
﻿ 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 $1.2 billion of FHLB borrowings at December 31, 2018 consists of th ree fixed rate notes totaling $250 million that mature in 2019, and six variable rate notes totaling $910 million maturing from 2020 to 2026. 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 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
Name: | us-gaap_ShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration