Borrowed funds at March 31, 2020 and December 31, 2019 are summarized, as follows: | | | | | | | | | | | | | | | | | | March 31, 2020 | | December 31, 2019 | | | | | Weighted | | | | Weighted | | | | | Average | | | | Average | (Dollars in thousands) | | Principal | | Rate | | Principal | | Rate | Short-term borrowings: | | |
| | |
| | |
| | |
| Advances from the FHLB | | $ | 225,000 |
| | 1.45 | % | | $ | 125,000 |
| | 2.06 | % | Total short-term borrowings: | | 225,000 |
| | 1.45 |
| | 125,000 |
| | 2.06 |
| Long-term borrowings: | | |
| | |
| | |
| | |
| Advances from the FHLB and other borrowings | | 719,053 |
| | 2.07 |
| | 605,501 |
| | 2.16 |
| Subordinated borrowings | | 74,277 |
| | 7.00 |
| | 74,232 |
| | 7.00 |
| Junior subordinated borrowing - Trust I | | 15,464 |
| | 2.44 |
| | 15,464 |
| | 3.76 |
| Junior subordinated borrowing - Trust II | | 7,366 |
| | 3.53 |
| | 7,353 |
| | 3.59 |
| Total long-term borrowings: | | 816,160 |
| | 2.54 |
| | 702,550 |
| | 2.72 |
| Total | | $ | 1,041,160 |
| | 2.30 | % | | $ | 827,550 |
| | 2.62 | % |
|