Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies

Schedule of outstanding financial commitments

	December 31, 2016		December 31, 2015
		(dollars in thousands)
Commitments to extend credit	$	263,817	$	242,125
Standby letters of credit (1)		12,367		12,968
Total commitments and standby letters of credit	$	276,184	$	255,093

(1)Includes a standby letter of credit to one customer in the amount of $10.2 million and $10.4 million at December 31, 2016 and 2015.

Summary of future minimum required contractual payments the Bank is expected to make based upon obligations

		Less Than One Year		One to Three Years		Three to Five Years		More than Five Years		December 31, 2016		December 31, 2015
			(dollars in thousands)
Deposits (1)		$	1,581,301	$	74,503	$	23,585	$	4,498	$	1,683,887	$	1,564,944
FHLB advances and other borrowings			43,500		12,500		23,500		28,000		107,500		103,500
Operating lease obligations			1,328		2,209		2,074		1,665		7,276		7,083
Salary continuation payments			262		524		524		3,018		4,328		4,590
Junior subordinated debentures			–		–		–		13,496		13,496		13,496
Total obligations		$	1,626,391	$	89,736	$	49,683	$	50,677	$	1,816,487	$	1,693,613
(1)	Deposits with no stated maturity of $1.4 billion are included in amounts due less than one year.