Borrowed Funds (Tables)

3 Months Ended

Mar. 31, 2014

Borrowed funds consist of the following obligations as of:



	March 31 2014				December 31 2013
	Amount		Rate		Amount		Rate
FHLB advances	$	162,000	2.02	%	$	162,000	2.02	%
Securities sold under agreements to repurchase without stated maturity dates	94,741		0.13	%	106,025		0.13	%
Securities sold under agreements to repurchase with stated maturity dates	1,195		4.27	%	11,301		3.30	%
Federal funds purchased	14,600		0.39	%	—		—
Total	$	272,536	1.29	%	$	279,326	1.35	%

Schedule of maturity and weighted average interest rates of FHLB advances

The following table lists the maturity and weighted average interest rates of FHLB advances as of:



	March 31 2014				December 31 2013
	Amount		Rate		Amount		Rate
Fixed rate advances due 2014	$	10,000	0.48	%	$	10,000	0.48	%
Fixed rate advances due 2015	32,000		0.84	%	32,000		0.84	%
Fixed rate advances due 2016	10,000		2.15	%	10,000		2.15	%
Fixed rate advances due 2017	30,000		1.95	%	30,000		1.95	%
Fixed rate advances due 2018	40,000		2.35	%	40,000		2.35	%
Fixed rate advances due 2019	20,000		3.11	%	20,000		3.11	%
Fixed rate advances due 2020	10,000		1.98	%	10,000		1.98	%
Fixed rate advances due 2023	10,000		3.90	%	10,000		3.90	%
Total	$	162,000	2.02	%	$	162,000	2.02	%

Schedule of maturity and weighted average interest rates of Repurchase Agreements

The following table lists the maturity and weighted average interest rates of securities sold under agreements to repurchase with stated maturity dates as of:



	March 31 2014				December 31 2013
	Amount		Rate		Amount		Rate
Repurchase agreements due 2014	$	766	4.85	%	$	10,876	3.30	%
Repurchase agreements due 2015	429		3.25	%	425		3.25	%
Total	$	1,195	4.27	%	$	11,301	3.30	%

Summary of short term borrowings

The following table provides a summary of short-term borrowings for the three month periods ended:



	March 31 2014						March 31 2013
	Maximum Month End Balance		Average Balance		Weighted Average Interest Rate During the Period		Maximum Month End Balance		Average Balance		Weighted Average Interest Rate During the Period
Securities sold under agreements to repurchase without stated maturity dates	$	94,741	$	94,362	0.13	%	$	64,527	$	63,573	0.15	%
Federal funds purchased	15,000		5,755		0.47	%	4,400		1,215		0.50	%

Summary of pledged financial instruments

We had pledged trading securities, AFS securities, and 1-4 family residential real estate loans in the following amounts at:



	March 31 2014		December 31 2013
Pledged to secure borrowed funds	$	304,146	$	320,173
Pledged to secure repurchase agreements	145,481		148,930
Pledged for public deposits and for other purposes necessary or required by law	20,559		20,922
Total	$	470,186	$	490,025