Short-term Borrowings (Tables)

12 Months Ended

Dec. 31, 2020

Short Term Borrowings [Abstract]

Summary of Various Sources of Short-Term Borrowed Funds

The following table outlines Mid Penn’s various sources of short-term borrowed funds at or for the years ended December 31, 2020 and 2019. The maximum balance represents the highest indebtedness for each category of short-term borrowed funds at any month-end during each of the years shown.

(Dollars in thousands)	December 31,
		2020			2019
Federal funds purchased:
Balance at year end		$	—		$	—
Weighted average rate at year end			—			—
Maximum month-end balance		$	—		$	37,573
Average daily balance during the year		$	—		$	3,739
Weighted average rate during the year			—			2.97	%
FHLB short-term borrowings:
Balance at year end		$	—		$	—
Weighted average rate at year end			—			—
Maximum month-end balance		$	—		$	54,667
Average daily balance during the year		$	—		$	12,819
Weighted average rate during the year			—			2.80	%
FRB PPPLF borrowings:
Balance at year end		$	125,617		$	—
Weighted average rate at year end			0.35	%		—
Maximum month-end balance		$	203,937		$	—
Average daily balance during the year		$	106,233		$	—
Weighted average rate during the year			0.35	%		—