Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Short Term Borrowings [Abstract]

Short-Term Borrowings

The following table presents information concerning short-term borrowing at and for the years ended December 31, 2019 and 2018:

	December 31,
(in thousands)	2019			2018
Federal funds purchased:
Amount outstanding at period end	$	195,450		$	425
Average amount outstanding during period		49,297			39,968
Maximum amount at any month end during period		202,933			100,925
Weighted-average interest at period end		1.60	%		2.00	%
Weighted-average interest rate during period		2.30	%		2.11	%
Securities sold under agreements to repurchase:
Amount outstanding at period end	$	484,422		$	428,599
Average amount outstanding during period		493,344			456,000
Maximum amount at any month end during period		518,042			500,345
Weighted-average interest at period end		0.54	%		0.32	%
Weighted-average interest rate during period		0.52	%		0.23	%
FHLB borrowings:
Amount outstanding at period end	$	2,035,000		$	1,160,104
Average amount outstanding during period		1,399,503			1,694,804
Maximum amount at any month end during period		1,941,774			2,410,258
Weighted-average interest at period end		1.17	%		2.48	%
Weighted-average interest rate during period		1.96	%		2.02	%