Borrowings (Tables)

3 Months Ended

Mar. 31, 2013

Borrowings [Abstract]

Short-term borrowings

	March 31,			December 31,
	2013			2012
Securities sold under agreements to repurchase	$	72,047		$	54,270
Other short-term borrowings		—			78,000
Total short-term borrowings	$	72,047		$	132,270
Maximum month-end outstanding balance	$	112,164		$	154,116
Average outstanding balance during the period		94,006			91,993
Average interest rate during the period		0.30	%		0.31	%
Average interest rate at end of period		0.27	%		0.28	%
Other short-term borrowings:
Federal Funds purchased		—			38,000
FHLB		—			40,000

Trust preferred capital notes qualify for Tier 1 capital

	Principal		Investment(1)		Spread to 3-Month LIBOR			Rate			Maturity
Trust Preferred Capital Note - Statutory Trust I		22,500,000		696,000		2.75	%		3.03	%		6/17/2034
Trust Preferred Capital Note - Statutory Trust II		36,000,000		1,114,000		1.40	%		1.68	%		6/15/2036
		58,500,000

(1) reported as ‘Other Assets’ within the consolidated Balance Sheets

Advances from the FHLB

Long Term Type	Spread to 3-Month LIBOR			Interest Rate			Maturity Date		Conversion Date	Option Frequency	Advance Amount
Adjustable Rate Credit		0.44	%		0.72	%		8/23/2022	n/a	n/a	$	55,000
Adjustable Rate Credit		0.45	%		0.74	%		11/23/2022	n/a	n/a		65,000
Adjustable Rate Credit		0.45	%		0.74	%		11/23/2022	n/a	n/a		10,000
Adjustable Rate Credit		0.45	%		0.74	%		11/23/2022	n/a	n/a		10,000
											$	140,000

As of December 31, 2012, the advances from the FHLB consisted of the following (dollars in thousands):

Long Term Type	Spread to 3-Month LIBOR			Interest Rate			Maturity Date		Conversion Date	Option Frequency	Advance Amount
Adjustable Rate Credit		0.44	%		0.75	%		8/23/2022	n/a	n/a	$	55,000
Adjustable Rate Credit		0.45	%		0.76	%		11/23/2022	n/a	n/a		65,000
Adjustable Rate Credit		0.45	%		0.76	%		11/23/2022	n/a	n/a		10,000
Adjustable Rate Credit		0.45	%		0.76	%		11/23/2022	n/a	n/a		10,000
											$	140,000

Contractual maturities of long-term debt

	Subordinated Debt		FHLB Advances		Prepayment Penalty			Total Long-term Borrowings
Remaining nine months in 2013	$	—	$	—	$	(1,318	)	$	(1,318	)
2014		—		—		(1,787	)		(1,787	)
2015		—		—		(1,831	)		(1,831	)
2016		15,992		—		(1,882	)		14,110
2017		—		—		(1,923	)		(1,923	)
2018		—		—		(1,969	)		(1,969	)
Thereafter		—		140,000		(7,918	)		132,082
Total long-term borrowings	$	15,992	$	140,000	$	(18,628	)	$	137,364