Short-Term Borrowings (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Federal Funds Purchased and Other Short-term Borrowings

Short-term borrowings, which consist of federal funds purchased and other short-term borrowings are summarized as follows:


	At June 30, 2015					At December 31, 2014
	Federal Funds Purchased		Short-term Borrowings			Federal Funds Purchased			Short-term Borrowings
Outstanding balance	$	—	$	37,800		$	—		$	42,700
Maximum indebtedness		—		50,300			—			42,700
Average balance		—		10,609			41			1,951
Average rate paid		—		0.17	%		0.54	%		0.19	%
Interest rate on balance		—		0.15	%		—			0.14	%

Summary of Securities Pledged as Collateral Under Repurchase Agreements

The following table presents detail regarding the securities pledged as collateral under repurchase agreements as of June 30, 2015 and December 31, 2014. All of the repurchase agreements are overnight agreements.


	June 30, 2015		December 31, 2014
Repurchase agreements:
U.S. Treasury securities	$	744	$	876
Obligations of U.S. government agencies		16,716		20,737

Total borrowings	$	17,460	$	21,613

Gross amount of recognized liabilities for repurchase agreements	$	17,460	$	21,613

Amounts related to agreements not included in offsetting disclosures above	$	—	$	—