XML 67 R44.htm IDEA: XBRL DOCUMENT v3.19.1
Short-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of Federal Funds Purchased and Other Short-term Borrowings

Short-term borrowings, which consist of federal funds purchased and other short-term borrowings are summarized as follows:

 

 

 

At December 31, 2018

 

 

At December 31, 2017

 

 

 

Federal

Funds

Purchased

 

 

Short-term

Borrowings

 

 

Federal

Funds

Purchased

 

 

Short-term

Borrowings

 

Outstanding balance at year end

 

$

 

 

$

188,600

 

 

$

 

 

$

56,900

 

Maximum indebtedness during the year

 

 

20,000

 

 

 

225,300

 

 

 

20,000

 

 

 

115,050

 

Average balance during the year

 

 

116

 

 

 

113,520

 

 

 

119

 

 

 

38,825

 

Average rate paid during the year

 

 

2.58

%

 

 

2.07

%

 

 

1.68

%

 

 

1.12

%

Interest rate on year end balance

 

 

 

 

 

2.45

%

 

 

 

 

 

1.42

%

 

 

 

At December 31, 2016

 

 

 

Federal

Funds

Purchased

 

 

Short-term

Borrowings

 

Outstanding balance at year end

 

$

 

 

$

31,000

 

Maximum indebtedness during the year

 

 

20,000

 

 

 

70,400

 

Average balance during the year

 

 

116

 

 

 

10,483

 

Average rate paid during the year

 

 

0.86

%

 

 

0.42

%

Interest rate on year end balance

 

 

 

 

 

0.64

%