Short-Term Borrowings and Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt Instrument [Line Items]

Schedule of Short-term and Long-term Borrowings

The following table stratifies COB’s borrowings as short-term and long-term at the periods indicated.

	December 31,
(dollars in thousands)	2013				2012
	Balance		Rate		Balance		Rate
Short-term borrowings:
Retail customer repurchase agreements	$	6,917	0.21	%	$	8,675	0.19	%
Total short-term borrowings	$	6,917			$	8,675
Long-term debt:
Federal Home Loan Bank advances	$	73,283	1.80		$	58,328	2.62
Long-term notes payable	5,263		1.41		—		—
Junior subordinated debt	56,702		1.77		56,702		1.83
Total long-term debt	$	135,248			$	115,030

Schedule of Retail Repurchase Agreements and Federal Funds Purchased

Information concerning retail repurchase agreements and federal funds purchased is as follows:

(dollars in thousands)	2013			2012			2011
	Retail Repurchase Agreements			Retail Repurchase Agreements			Retail Repurchase Agreements
Balance at December 31	$	6,917		$	8,675		$	8,838
Average balance during the year	9,852			9,861			8,973
Maximum month end balance	13,064			12,720			10,917
Weighted average interest rate:
At December 31	0.21		%	0.19		%	0.42		%
During the year	0.21			0.29			0.58

FHLB advance [Member]

Debt Instrument [Line Items]

Scheduled Maturities of Long-term Debt

At December 31, 2013, the scheduled maturities of FHLB advances payable over the next five years and thereafter, certain of which are convertible to a variable rate at the option of the FHLB before scheduled maturity, are as follows:

(dollars in thousands)
Twelve Months Ended December 31,
2014	$	5,000
2015	3,000
2016	5,000
2017	5,000
2018	5,283
2019 and thereafter	50,000
Total FHLB advances	$	73,283

Schedule of Long-term Debt

Long-term debt included of the following advances from the FHLB at the periods indicated.

(dollars in thousands)
			December 31,
Maturity	Interest Rate		2013		2012
December 29, 2014	3.3125	%	$	5,000	$	5,000
September 8, 2015	3.7100	%	3,000		3,000
September 27, 2016	0.9300	%	5,000		—
September 27, 2017	1.4200	%	5,000		—
March 19, 2018	2.8100	%	—		10,000
July 16, 2018	2.4300	%	—		20,000
July 18, 2018	2.3300	%	—		20,000
August 27, 2018	6.1500	%	283		328
September 27, 2018	1.8400	%	5,000		—
June 15, 2020	1.6247	%	50,000		—
			$	73,283	$	58,328

Junior Subordinated Debentures [Member]

Debt Instrument [Line Items]

Schedule of Long-term Debt

Information concerning the Junior Subordinated Debentures is as follows at the periods indicated.

(dollars in thousands)		Commencement
	Stated	of Early	As of December 31,
	Maturity	Redemption	2013				2012
Issuer	Date	Period	Principal		Unpaid Interest		Principal		Unpaid Interest		Interest Rate
FNB Trust I	12/15/2035	12/15/2010	$	20,619	$	753	$	20,619	$	403	3 month LIBOR + 1.37% = 1.616% at 12/31/13
FNB Trust II	6/30/2036	6/30/2011	30,928		1,078		30,928		567		3 month LIBOR + 1.32% = 1.566% at 12/31/13
Catawba Trust II	12/30/2032	12/30/2007	5,155		404		5,155		204		3 month LIBOR + 3.35% = 3.596% at 12/31/13
Total Junior Subordinated Debentures			$	56,702	$	2,235	$	56,702	$	1,174