Note 10 – Borrowings

Information relating to retail repurchase agreements and other short-term borrowings is presented in the following table at and for the years ending December 31:

	2013				2012				2011
(Dollars in thousands)	Amount		Rate		Amount		Rate		Amount		Rate
Retail repurchase agreements	$	53,842	0.20	%	$	51,929	0.20	%	$	63,613	0.20	%
Average for the Year:
Retail repurchase agreements	$	55,769	0.26	%	$	63,864	0.28	%	$	73,543	0.26	%
Maximum Month-end Balance:
Retail repurchase agreements	$	59,410			$	73,130			$	79,529

The Company pledges U.S. Agencies and Corporate securities, based upon their market values, as collateral for 102.5% of the principal and accrued interest of its retail repurchase agreements.

At December 31, 2013, the Company has an available line of credit for $1.2 billion with the Federal Home Loan Bank of Atlanta (the "FHLB") under which its borrowings are limited to $847.2 million based on pledged collateral at prevailing market interest rates with $615 million borrowed against it at December 31, 2013. At December 31, 2012, lines of credit totaled $1.2 billion under which $699.1 million was available based on pledged collateral with $440 million borrowed against it as of December 31, 2012. Under a blanket lien, the Company has pledged qualifying residential mortgage loans amounting to $500.1 million, commercial loans amounting to $653.6 million, home equity lines of credit (“HELOC”) amounting to $309.2 million and multifamily loans amounting to $9.3 million at December 31, 2013 as collateral under the borrowing agreement with the FHLB. At December 31, 2012 the Company had pledged collateral of qualifying mortgage loans of $399.1 million, commercial loans of $552.6 million, HELOC loans of $313.6 million and multifamily loans of $8.0 million under the FHLB borrowing agreement. The Company also had lines of credit available from the Federal Reserve and correspondent banks of $401.7 million and $411.6 million at December 31, 2013 and 2012, respectively, collateralized by loans and state and municipal securities. In addition, the Company had unsecured lines of credit with correspondent banks of $55.0 million and $55.0 million at December 31, 2013 and 2012, respectively. At December 31, 2013 there were no outstanding borrowings against these lines of credit.

Advances from FHLB and the respective maturity schedule at December 31 for the years indicated consisted of the following:

	2013				2012
			Weighted				Weighted
			Average				Average
(Dollars in thousands)	Amounts		Rate		Amounts		Rate
Maturity:
One year	$	210,000	0.18	%	$	35,058	0.36	%
Two years		-	-			-	-
Three years		-	-			-	-
Four years		75,000	3.48			40,000	4.47
Five years		160,000	2.45			85,000	3.57
After five years		170,000	3.52			280,000	2.91
Total advances from FHLB	$	615,000	2.09		$	440,058	2.97