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Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2016

Borrowed Funds [Abstract]

Summary of Short Term Borrowings



(Dollars in thousands)	2016		2015
Securities sold under agreements to repurchase:
Outstanding at end of year	$	36,000	$	35,828
Weighted average interest rate at year end		0.16%		0.16%
Maximum amount outstanding as of any month end	$	39,456	$	47,131
Average amount outstanding	$	30,899	$	35,908
Approximate weighted average rate during the year		0.19%		0.16%



Summary of Long Term Borrowings





The following is a summary of long-term borrowings at December 31, 2016 and 2015 with original maturities exceeding one year:







(In thousands)	2016		2015
FHLB advances, bearing fixed interest rates ranging from 1.54% to 3.69% at December 31, 2016	$	90,007	$	105,807
Junior subordinated debt, bearing variable interest rate of 3.74% at December 31, 2016		30,929		30,929
Junior subordinated debt, bearing fixed interest rate of 9.88% at December 31, 2016		10,801		10,801
Total long-term debt	$	131,737	$	147,537



Contractual Maturities of All Long Term Borrowings

The contractual maturities of long-term borrowings at December 31, 2016 and 2015 are as follows:







	2016
	Fixed		Floating					2015
(in thousands)	Rate		Rate		Total			Total
Due in 2018		20,000		0		20,000			20,000
Due in 2019		20,000		0		20,000			0
Due in 2020		30,000		0		30,000			30,000
Due in 2021		20,000		0		20,000			35,000
Thereafter		10,808		30,929		41,737			62,537
Total long-term debt	$	100,808	$	30,929	$	131,737		$	147,537



Schedule of Pledged Collateral on Line of Credit

The line is secured by certain qualified mortgage, commercial and home equity loans and investment securities as follows (in thousands):







1-4 family mortgage loans	$	199,577
Commercial loans		29,263
Multi-family loans		827
Home equity loans		32,760
	$	262,427



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