Other Borrowings and Notes Payable (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule of debt

A summary of the Term Loan is as follows:

	December 31,
(in thousands)	2012			2011
Term Loan	$	11,700		$	—
Average balance during the year	$	1,835		$	—
Maximum balance outstanding at any month-end	12,000			—
Weighted average interest rate during the year	3.50		%	—		%
Average interest rate at December 31	3.50		%	—		%

A summary of other borrowings is as follows:

	December 31,
(in thousands)	2012			2011
Securities sold under repurchase agreements	$	229,560		$	154,545
Secured borrowings	3,810			—
Total	233,370			154,545
Average balance during the year	$	134,093		$	103,392
Maximum balance outstanding at any month-end	233,370			154,545
Average interest rate during the year	0.42		%	0.42		%
Average interest rate at December 31	0.49		%	0.45		%