Securities Sold Under Agreements to Repurchase (Tables)

6 Months Ended

Jun. 30, 2014

Securities Sold Under Agreements to Repurchase

Schedule of distribution of securities sold under agreements to repurchase and weighted average interest rates

	June 30,  2014			December 31, 2013
	(dollars in thousands)
Balance at end of period	$	140,563		$	172,348
Weighted average interest rate at end of period	0.10		%	0.13		%
Maximum outstanding at any month end in year-to-date period	$	141,642		$	172,348
Average daily balance for the year-to-date period	$	132,948		$	137,777
Weighted average interest rate during period (1)	0.11		%	0.14		%

(1) The weighted average interest rate is computed by dividing total interest for the year-to-date period by the average daily balance outstanding.