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FHLB Advances and Other Borrowings (Tables)
12 Months Ended
Dec. 31, 2017
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Borrowings, Debt and Repurchase Agreements
Information regarding each of these types of borrowings or other indebtedness is as follows:
 
 
December 31,
 
 
2017
 
2016
Long-term Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities
 
$
126,836

 
$
105,820

Junior Subordinated Debentures assumed from American Community Bancorp, Inc.
 
5,624

 
5,474

Junior Subordinated Debentures assumed from River Valley Bancorp, Inc.
 
5,607

 
5,501

Capital Lease Obligation
 
3,650

 
3,765

Long-term Borrowings
 
141,717

 
120,560

 
 
 
 
 
Overnight Variable Rate Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities
 
$
92,000

 
$
91,500

Federal Funds Purchased
 

 
3,642

Repurchase Agreements
 
41,499

 
42,412

Short-term Borrowings
 
133,499

 
137,554

 
 
 
 
 
Total Borrowings
 
$
275,216

 
$
258,114

Schedule of Repurchase Agreements
 
 
2017
 
2016
Average Daily Balance During the Year
 
$
40,476

 
$
33,317

Average Interest Rate During the Year
 
0.47
%
 
0.39
%
Maximum Month-end Balance During the Year
 
$
47,934

 
$
45,313

Weighted Average Interest Rate at Year-end
 
0.50
%
 
0.50
%
Schedule of Principal Payments on Long-Term Borrowings
At December 31, 2017, scheduled principal payments on long-term FHLB Advances are as follows:
2018
 
$
40,210

2019
 
31,075

2020
 
25,551

2021
 
5,000

2022
 

Thereafter
 
25,000

Total
 
$
126,836

Schedule of Issuance of Subordinated Debentures
The following table summarizes the terms of each issuance:
 
 
Date of
Issuance
 
Issuance
Amount
 
Carrying
Amount at
December 31, 2017
 
Variable Rate
 
Rate as of
December 31, 2017
 
Rate as of
December 31, 2016
 
Maturity
Date
ACB Trust I
 
5/6/2005
 
$
5,155

 
$
3,553

 
90 day LIBOR + 2.15%
 
3.84
%
 
3.15
%
 
May, 2035
ACB Trust II
 
7/15/2005
 
3,093

 
2,071

 
90 day LIBOR + 1.85%
 
3.30
%
 
2.77
%
 
July, 2035
RIVR Statutory Trust 1
 
3/26/2003
 
7,217

 
5,607

 
3-Month LIBOR + 3.15%
 
4.82
%
 
4.15
%
 
March, 2033