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Other Borrowed Funds (Tables)
12 Months Ended
Dec. 31, 2016
Other Borrowed Funds  
Schedule of other borrowed funds

 

 

December 31,

 

 

 

2016

 

2015

 

 

 

(Dollars in Thousands)

 

Federal Home Loan Bank advances—short-term

    

 

    

    

 

    

 

Balance at year end

 

$

583,375

 

$

355,750

 

Rate on balance outstanding at year end

 

 

0.66

%  

 

0.37

%

Average daily balance

 

$

483,379

 

$

859,220

 

Average rate

 

 

0.47

%  

 

0.19

%

Maximum amount outstanding at any month end

 

$

600,875

 

$

1,239,200

 

Federal Home Loan Bank advances—long-term (1)

 

 

 

 

 

 

 

Balance at year end

 

$

150,000

 

$

150,000

 

Rate on balance outstanding at year end

 

 

0.58

%  

 

0.31

%

Average daily balance

 

$

150,000

 

$

5,314

 

Average rate

 

 

0.58

%  

 

0.31

%

Maximum amount outstanding at any month end

 

$

150,000

 

$

150,000

 

 


Long-term advances matured in January 2017.