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Borrowings (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Summary of Borrowings by Type
The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less. The long-term debt balances and weighted average interest rates include purchase accounting fair value adjustments, net of related amortization from the Fox Chase acquisition.    
 
Balance at End of Year
 
Weighted Average Interest Rate
 
Maximum Amount Outstanding at Month End During the Year
 
Average Amount Outstanding During the Year
 
Weighted Average Interest Rate During the Year
(Dollars in thousands)
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Short-term borrowings:
 
 
 
 
 
 
 
 
 
FHLB borrowings
$
91,300

 
0.74
%
 
$
206,000

 
$
50,757

 
0.58
%
Federal funds purchased
80,000

 
0.81

 
125,000

 
24,783

 
0.61

Customer repurchase agreements
24,871

 
0.05

 
30,011

 
26,173

 
0.05

Other short-term borrowings*

 

 
79,960

 
1,525

 
18.83

 
 
 
 
 
 
 
 
 
 
Long-term debt:
 
 
 
 
 
 
 
 
 
FHLB advances
$
96,248

 
0.94
%
 
$
96,471

 
$
45,179

 
0.89
%
Security repurchase agreements
31,274

 
0.91

 
31,475

 
15,786

 
0.93

 
 
 
 
 
 
 
 
 
 
Subordinated notes
$
94,087

 
5.27
%
 
$
94,087

 
$
71,851

 
5.39
%
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
Short-term borrowings:
 
 
 
 
 
 
 
 
 
FHLB borrowings
$

 
%
 
$
9,100

 
$
1,335

 
0.34
%
Federal funds purchased

 

 
39,150

 
3,877

 
0.38

Customer repurchase agreements
24,211

 
0.05

 
43,161

 
30,720

 
0.05

 
 
 
 
 
 
 
 
 
 
Subordinated notes
$
49,377

 
5.36
%
 
$
49,377

 
$
37,431

 
5.40
%
*Other short-term borrowings during 2016 consisted of a short-term bridge loan with a correspondent bank and associated fees.
Schedule of Maturities of Long-term FHLB Advances
Long-term advances with the FHLB of Pittsburgh mature as follows:
(Dollars in thousands)
As of December 31, 2016
 
Weighted Average Rate
2017
$
66,149

 
0.83
%
2018
10,099

 
0.69

2019
10,000

 
1.35

2020
10,000

 
1.47

2021

 

Thereafter

 

Total
$
96,248

 
0.94
%
Schedule of Maturities of Other Long-term Borrowings
Long-term debt under security repurchase agreements with large commercial banks mature as follows:
(Dollars in thousands)
As of December 31, 2016
 
Weighted Average Rate
2017
$

 
%
2018
10,404

 
0.76

2019
10,418

 
0.98

2020
10,452

 
0.99

2021

 

Thereafter

 

Total
$
31,274

 
0.91
%