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Borrowed Funds (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds
Borrowed funds at December 31, 2020 and 2019 are summarized as follows (in thousands):
20202019
Securities sold under repurchase agreements$99,936 60,737 
FHLB line of credit25,000 298,000 
FHLB advances1,051,036 766,409 
Total borrowed funds$1,175,972 1,125,146 
Scheduled Maturities of FHLB Advances
Scheduled maturities of FHLB advances at December 31, 2020 are as follows (in thousands):
 2020
Due in one year or less$754,481 
Due after one year through two years168,686 
Due after two years through three years58,650 
Due after three years through four years19,219 
Thereafter— 
Total FHLB advances$1,051,036 
Scheduled Maturities of Securities Sold Under Repurchase Agreements
Scheduled maturities of securities sold under repurchase agreements at December 31, 2020 are as follows (in thousands):
 2020
Due in one year or less$99,936 
Due after one year through two years— 
Due after two years through three years— 
Due after three years through four years— 
Due after four years through five years— 
Thereafter— 
Total securities sold under repurchase agreements$99,936 
Debt Disclosure by Year
The following tables set forth certain information as to borrowed funds for the years ended December 31, 2020 and 2019 (in thousands):
Maximum
balance
Average
balance
Weighted average
interest rate
2020
Securities sold under repurchase agreements$115,233 86,194 0.28 %
FHLB line of credit422,000 97,853 1.09 
FHLB advances1,177,083 1,045,282 1.49 
2019
Securities sold under repurchase agreements$96,914 71,234 .49 %
FHLB line of credit451,000 325,481 2.40 
FHLB advances1,190,006 939,916 2.11