v3.3.1.900
Other Borrowings and Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2015
Other Borrowings  
Debt Instrument [Line Items]  
Summary of Other Borrowings
A summary of other borrowings is as follows:

 
December 31,
(in thousands)
2015
 
2014
Securities sold under repurchase agreements
$
270,326

 
$
230,373

Secured borrowings
—

 
3,810

Total
$
270,326

 
$
234,183

 
 
 
 
Average balance during the year
$
195,328

 
$
184,964

Maximum balance outstanding at any month-end
270,326

 
234,183

Average interest rate during the year
0.22
%
 
0.32
%
Average interest rate at December 31
0.16
%
 
0.30
%
Unsecured Term Loan  
Debt Instrument [Line Items]  
Summary of Other Borrowings
A summary of the Term Loan is as follows:

 
December 31,
(in thousands)
2015
 
2014
Term Loan
$
—

 
$
5,700

 
 
 
 
Average balance during the year
$
4,509

 
$
6,464

Maximum balance outstanding at any month-end
5,700

 
6,900

Weighted average interest rate during the year
3.01
%
 
2.99
%
Average interest rate at December 31
—
%
 
2.94
%