Short-Term Borrowings (Tables)

3 Months Ended

Mar. 31, 2023

Short-Term Borrowings

Schedule of short-term borrowings

(dollars in thousands)	March 31, 2023		December 31, 2022
Federal funds purchased	$	—	$	75,000
Short-term FHLB repo advance		250,000		—
Total short-term borrowings	$	250,000	$	75,000

Schedule of selected information for short-term borrowings

	Three Months Ended March 31,
(dollars in thousands)	2023			2022
Federal funds purchased:
Weighted-average interest rate at March 31,		—	%		—	%
Highest month-end balance	$	150,000		$	—
Average outstanding balance	$	67,056		$	—
Weighted-average interest rate paid		4.43	%		—	%
Short-term FHLB repo advance:
Weighted-average interest rate at March 31,		5.00	%		—	%
Highest month-end balance	$	250,000		$	—
Average outstanding balance	$	52,778		$	—
Weighted-average interest rate paid		5.02	%		—	%