Short-Term and Other Borrowings (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Summary of Federal Funds Purchased, Securities Sold Under Agreements to Repurchase and Other Short-term Borrowings

Short-term and other borrowings, which consist of federal funds purchased, securities sold under agreements to repurchase and other short-term borrowings, are summarized as follows:

	At June 30, 2021				At December 31, 2020
	Federal Funds Purchased		Short-term Borrowings		Federal Funds Purchased		Short-term Borrowings
Outstanding balance	$	—	$	—	$	—	$	—
Interest rate on balance		—		—		—		—

	Three Months Ended June 30,									Six Months Ended June 30,
	2021		2021		2020		2020			2021		2021		2020			2020
	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	$	—	$	—	$	—	$	3,100		$	—	$	—	$	37,000		$	102,700
Average balance		—		—		—		34			—		—		305			16,391
Average rate paid		—		—		—		0.30	%		—		—		1.98	%		1.64	%

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 June 30, 2021 and December 31, 2020. All of the repurchase agreements are overnight agreements.

	June 30, 2021		December 31, 2020
Securities pledged for repurchase agreements:
U.S. Treasury securities	$	7,306	$	899
Obligations of U.S. government agencies		17,610		28,015
Total securities pledged	$	24,916	$	28,914
Gross amount of recognized liabilities for repurchase    agreements	$	24,916	$	28,914
Amounts related to agreements not included in offsetting    disclosures above	$	—	$	—