Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Short-Term Borrowings

Schedule of short-term borrowings

	December 31,
(dollars in thousands)	2019		2018
Short-term FHLB fixed-rate advances(1)	$	400,000	$	—
Total short-term borrowings	$	400,000	$	—

(1) Interest is payable monthly.

Schedule of selected information for short-term borrowings

	Year Ended December 31,
(dollars in thousands)	2019			2018			2017
Federal funds purchased:
Weighted-average interest rate at December 31,		—	%		—	%		—	%
Highest month-end balance	$	110,000		$	374,875		$	6,000
Average outstanding balance	$	16,410		$	32,987		$	1,280
Weighted-average interest rate paid		2.44	%		2.18	%		0.97	%
Securities sold under agreements to repurchase:
Weighted-average interest rate at December 31,		—	%		—	%		—	%
Highest month-end balance	$	—		$	—		$	5,951
Average outstanding balance	$	—		$	—		$	893
Weighted-average interest rate paid		—	%		—	%		0.55	%
Short-term FHLB fixed-rate advance:
Weighted-average interest rate at December 31,		2.84	%		—	%		—	%
Highest month-end balance	$	400,000		$	81,800		$	—
Average outstanding balance	$	193,425		$	6,929		$	—
Weighted-average interest rate paid		2.85	%		1.90	%		—	%