Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2017

Short-Term Borrowings

Schedule of short-term borrowings components and selected information

At December 31, 2017 and 2016, short-term borrowings were comprised of the following:

(dollars in thousands)	2017		2016
Federal funds purchased	$	—	$	—
Securities sold under agreements to repurchase		—		9,151
Total short-term borrowings	$	—	$	9,151

The table below provides selected information for short-term borrowings for the years ended December 31, 2017, 2016 and 2015:

	Year Ended December 31,
(dollars in thousands)	2017			2016			2015
Federal funds purchased:
Weighted-average interest rate at December 31,		—	%		—	%		—	%
Highest month-end balance	$	6,000		$	—		$	8,000
Average outstanding balance	$	1,280		$	610		$	4,727
Weighted-average interest rate paid		0.97	%		0.25	%		0.05	%
Securities sold under agreements to repurchase:
Weighted-average interest rate at December 31,		—	%		0.54	%		0.11	%
Highest month-end balance	$	5,951		$	235,451		$	520,740
Average outstanding balance	$	893		$	112,937		$	376,902
Weighted-average interest rate paid		0.55	%		0.17	%		0.05	%