Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2013

Borrowed Funds [Abstract]

Schedule of Long-term Debt Instruments

Long-term borrowings at December 31, 2013 and 2012 consisted of the following:

	2013		2012
	(Dollars in Thousands)
FHLB long-term advances	$	115,000	$	115,000
Securities sold under agreements to repurchase		31,000		31,000
Total long-term borrowings	$	146,000	$	146,000

Schedule of Long-Term Borrowings

The advances are subject to quarterly call provisions at the discretion of the FHLB and at December 31, 2013 and 2012, are contractually scheduled for repayment as follows:

	2013		2012
	(Dollars in Thousands)
2016	$	—	$	20,000
2017		35,000		55,000
2018		40,000		40,000
2020		40,000		—
Total	$	115,000	$	115,000

Schedule of Securities Sold Under Agreement to Repurchase

The securities sold under repurchase agreements to other counterparties included in long-term debt totaled $31.0 million at December 31, 2013 and 2012. The weighted average rates were 5.90 percent at December 31, 2013 and 2012. The schedule for contractual repayment is as follows:

	2013		2012
	(Dollars in Thousands)
2017	$	15,000	$	15,000
2018		16,000		16,000
Total	$	31,000	$	31,000