Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2015

Short-term Debt [Abstract]

Schedule of short-term debt

The outstanding balances for all short-term borrowings as of December 31, 2015 and 2014 and the weighted-average interest rates as of and paid during each of the years then ended were as follows: 

(In thousands)	Repurchase agreements			FHLB Advances
2015
Ending balance	$	254,242		$	140,000
Highest month-end balance	278,324			140,000
Average daily balance	257,622			1,096
Weighted-average interest rate:
As of year-end	0.17		%	0.56		%
Paid during the year	0.18		%	0.59		%
2014
Ending balance	$	276,980		$	—
Highest month-end balance	307,025			—
Average daily balance	262,709			561
Weighted-average interest rate:
As of year-end	0.18		%	—		%
Paid during the year	0.19		%	0.10		%

Short-term borrowings were as follows:

December 31 (In thousands)	2015		2014
Securities sold under agreements to repurchase	$	254,242	$	276,980
FHLB advances	140,000		—
Total short-term borrowings	$	394,242	$	276,980