Borrowings (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

The Company’s borrowings and weighted average interest rates are summarized below:

	June 30, 2020					December 31, 2019
	Amount			Rate		Amount			Rate
	(dollars in thousands)
Total FHLB borrowings	$	460,485		1.23	%	$	500,293		1.96	%
By remaining period to maturity:
Less than 1 year	$	306,000		1.00	%	$	400,000		1.84	%
1 year through less than 2 years		94,237		1.53	%		62,000		2.26	%
2 years through less than 3 years		57,399		1.93	%		10,737		2.45	%
3 years through less than 4 years		-		-			25,000		2.92	%
4 years through 5 years		-		-			-		-
After 5 years		2,854		2.42	%		2,882		2.43	%
Total FHLB borrowings		460,490		1.23	%		500,619		1.96	%
Fair value premium (discount)		(5	)				(326	)
FHLB borrowings, net	$	460,485				$	500,293
Total Paycheck Protection Program Lending Facility (“PPPLF”) borrowings		206,577		0.35	%		-
Total borrowings	$	667,062				$	500,293