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Deposits (Tables)
6 Months Ended
Jun. 30, 2015
Banking and Thrift [Abstract]  
Schedule of Deposits
The following table summarizes total deposits at June 30, 2015 and December 31, 2014.
 
 
June 30,
 
December 31,
 
 
 
2015
 
2014
 
Deposits - interest bearing
 
$
10,339,437

 
$
10,539,953

 
Deposits - non interest bearing
 
1,168

 
602

 
Total deposits
 
$
10,340,605

 
$
10,540,555

 
Interest Bearing Deposits
Interest bearing deposits at June 30, 2015 and December 31, 2014 are summarized as follows:
 
 
 
June 30, 2015
 
December 31, 2014
 
 
 
Amount
 
Qtr.-End Weighted Average Stated Rate(1)
 
Amount
 
Year-End Weighted Average Stated Rate(1)
 
 
 
 
 
 
 
 
 
 
 
Money market
 
$
4,470,832

 
1.15
%
 
$
4,527,448

 
1.15
%
 
Savings
 
687,236

 
0.82

 
703,687

 
0.81

 
Certificates of deposit
 
5,181,369

 
1.05

 
5,308,818

 
1.00

 
Deposits - interest bearing
 
$
10,339,437

 
 
 
$
10,539,953

 


 

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(1) Includes the effect of interest rate swaps in effective hedge relationships.