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Borrowings (Tables)
6 Months Ended
Jun. 30, 2019
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.
 
At June 30, 2019
 
At December 31, 2018
(Dollars in thousands)
Balance at End of Period
 
Weighted Average Interest Rate at End of Period
 
Balance at End of Period
 
Weighted Average Interest Rate at End of Period
Short-term borrowings:
 
 
 
 
 
 
 
FHLB borrowings
$

 
%
 
$
108,300

 
2.62
%
Federal funds purchased
20,000

 
2.43

 
60,000

 
2.60

Customer repurchase agreements
19,350

 
0.05

 
21,468

 
0.05

 
 
 
 
 
 
 
 
Long-term debt:
 
 
 
 
 
 
 
FHLB advances
$
150,000

 
1.99
%
 
$
125,000

 
1.92
%
Security repurchase agreements
20,195

 
2.82

 
20,330

 
2.71

 
 
 
 
 
 
 
 
Subordinated notes
$
94,696

 
5.33
%
 
$
94,574

 
5.33
%

Schedule of Maturities of Long-term FHLB Advances
Long-term advances with the FHLB of Pittsburgh mature as follows:
(Dollars in thousands)
As of June 30, 2019
 
Weighted Average Rate
Remainder of 2019
$
10,000

 
1.35
%
2020
40,000

 
1.70

2021
80,000

 
2.07

2022
10,000

 
2.09

2023
10,000

 
3.02

Thereafter

 

Total
$
150,000

 
1.99
%

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 June 30, 2019
 
Weighted Average Rate
Remainder of 2019
$
10,038

 
2.83
%
2020
10,157

 
2.81

2021

 

2022

 

2023

 

Thereafter

 

Total
$
20,195

 
2.82
%