XML 60 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1
Borrowings (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Federal Home Loan Bank, Advances [Table Text Block]
At December 31, 2016, the terms of the Company's outstanding FHLBB borrowings were as follows:
Balance Sheet Classification
 
Outstanding Balance
 
Maturity Date
 
Interest Rate Range
 
Next Call Date
 
Call Amount
Short-Term Borrowings
 
$
190,000

 
January 2017
 
0.73% - 0.84%
 
N/A
 

Short-Term Borrowings
 
20,000

 
July 2017
 
3.99% - 4.06%
 
January 2017
 
$
20,000

Long-Term Borrowings
 
$
10,000

 
April 2020
 
1.87%
 
N/A
 


Schedule of Borrowed Funds Outstanding
The following table summarizes short term and long term borrowings as presented on the consolidated statements of condition at:
 
December 31,
 
2016
 
2015
Short-Term Borrowings (mature within one year):
  

 
  

Customer repurchase agreements
$
225,605

 
$
184,989

FHLBB borrowings
210,000

 
255,000

FHLBB and correspondent bank overnight borrowings
89,450

 
12,800

Wholesale repurchase agreements
5,007

 
25,000

Capital lease obligation
67

 
63

Total short-term borrowings
$
530,129

 
$
477,852

Long-Term Borrowings (maturity greater than one year) :
  

 
  

FHLBB borrowings
$
10,000

 
$
30,000

Capital lease obligation
791

 
859

Wholesale repurchase agreements

 
5,052

Total long-term borrowings
$
10,791

 
$
35,911

Schedule of Amounts Outstanding and Interest Rates of Short-term Borrowings
The table below provides information on the Company's borrowings classified as short-term for the dates indicated:
 
December 31,
 
2016
 
2015
Balance outstanding at end of year
$
530,129

 
$
477,852

Weighted average interest rate
0.74
%
 
0.57
%