XML 46 R36.htm IDEA: XBRL DOCUMENT v3.20.2
FHLB Advances, Other Borrowings and Junior Subordinated Notes Payable (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The composition of borrowed funds is shown below. Average balances represent year to date averages.
 
 
June 30, 2020
 
December 31, 2019
 
 
Balance
 
Weighted Average
Balance
 
Weighted
Average Rate
 
Balance
 
Weighted Average
Balance
 
Weighted
Average Rate
 
 
(Dollars in Thousands)
Federal funds purchased
 
$

 
$
143

 
0.69
%
 
$

 
$
59

 
2.45
%
Federal Reserve PPPLF
 
29,605

 
10,410

 
0.35

 

 

 

FHLB advances
 
411,000

 
367,604

 
1.55

 
295,000

 
286,464

 
2.17

Other borrowings
 
675

 
675

 
8.09

 
675

 
675

 
8.11

Subordinated notes payable(1)
 
23,727

 
23,715

 
5.95

 
23,707

 
24,502

 
7.45

Junior subordinated notes
 
10,054

 
10,050

 
11.04

 
10,047

 
10,040

 
11.08

 
 
$
475,061

 
$
412,597

 
2.01

 
$
329,429

 
$
321,740

 
2.87

 
 
 
 
 
 
 
 
 
 
 
 
 
Short-term borrowings
 
$
202,500

 
 
 
 
 
$
118,500

 
 
 
 
Long-term borrowings
 
272,561

 
 
 
 
 
210,929

 
 
 
 
 
 
$
475,061

 
 
 
 
 
$
329,429