FHLB Advances and Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

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,
	2019		2018
Long-term Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities	$	123,573	$	86,626
Term Loans	—		25,000
Junior Subordinated Debentures assumed from American Community Bancorp, Inc.	5,924		5,775
Junior Subordinated Debentures assumed from River Valley Bancorp, Inc.	5,818		5,712
Junior Subordinated Debentures assumed from Citizens First Corporation	4,040		—
Subordinated Debentures	39,214		—
Finance Lease Obligation	3,381		3,522
Long-term Borrowings	181,950		126,635
Overnight Variable Rate Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities	$	124,000	$	195,000
Federal Funds Purchased	4,311		9,500
Repurchase Agreements	39,425		45,274
Promissory Notes Payable	—		—
Short-term Borrowings	167,736		249,774
Total Borrowings	$	349,686	$	376,409

Schedule of Repurchase Agreements

	2019			2018
Average Daily Balance During the Year	$	35,916		$	38,454
Average Interest Rate During the Year	0.56		%	0.55		%
Maximum Month-end Balance During the Year	$	39,425		$	45,274
Weighted Average Interest Rate at Year-end	0.57		%	0.63		%

Schedule of Principal Payments on Long-Term Borrowings

At December 31, 2019, scheduled principal payments on long-term borrowings, excluding the capitalized lease obligation and acquired subordinated debentures (which are discussed below) are as follows:

2020	$	40,494
2021	7,914
2022	49,834
2023	—
2024	24,917
Thereafter	39,628
Total	$	162,787

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, 2019		Variable Rate	Rate as of December 31, 2019		Rate as of December 31, 2018		Maturity Date
ACB Trust I	5/6/2005	$	5,155	$	3,737	90 day LIBOR + 2.15%	4.09	%	4.95	%	May, 2035
ACB Trust II	7/15/2005	3,093		2,187		90 day LIBOR + 1.85%	3.76	%	4.50	%	July, 2035
RIVR Statutory Trust 1	3/26/2003	7,217		5,818		3-Month LIBOR + 3.15%	5.10	%	5.97	%	March, 2033
Citizens First Statutory Trust I	10/16/2006	5,155		4,040		3-Month LIBOR + 1.65%	3.75	%	N/A		January, 2037