Short-Term and Other Borrowings (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Summary of Federal Funds Purchased and Other Short-term Borrowings are Included in Short-term Federal Home Loan Bank Advances on Consolidated Balance Sheets

Short-term borrowings, which consist of federal funds purchased and other short-term borrowings, are included in Short-term Federal Home Loan Bank advances on the Consolidated Balance Sheets and are summarized as follows:

	At September 30, 2020				At December 31, 2019
	Federal Funds Purchased		Short-term Borrowings		Federal Funds Purchased		Short-term Borrowings
Outstanding balance	$	—	$	—	$	—	$	101,500
Interest rate on balance		—		—		—		1.63	%

	Three Months Ended September 30,										Nine Months Ended September 30,
	2020			2020		2019		2019			2020			2020			2019		2019
	Federal Funds Purchased			Short-term Borrowings		Federal Funds Purchased		Short-term Borrowings			Federal Funds Purchased			Short-term Borrowings			Federal Funds Purchased		Short-term Borrowings
Maximum    indebtedness	$	35,000		$	—	$	—	$	167,500		$	50,000		$	102,700		$	—	$	192,700
Average balance		543			—		—		146,977			385			10,888			—		117,229
Average rate paid		(1.47	)%		—		—		2.34	%		0.35	%		1.64	%		—		2.44	%

Summary of Securities Pledged as Collateral Under Repurchase Agreements

The following table presents detail regarding the securities pledged as collateral under repurchase agreements as of September 30, 2020 and December 31, 2019. All of the repurchase agreements are overnight agreements.

	September 30, 2020		December 31, 2019
Securities pledged for repurchase agreements:
U.S. Treasury securities	$	910	$	810
Obligations of U.S. government agencies		24,903		17,864
Total securities pledged	$	25,813	$	18,674
Gross amount of recognized liabilities for repurchase    agreements	$	25,813	$	18,674
Amounts related to agreements not included in offsetting    disclosures above	$	—	$	—