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Deposits
9 Months Ended
Sep. 30, 2013
Deposits.  
Deposits

 

8. Deposits

 

Deposits are summarized as follows (in thousands).

 

 

 

September 30,

 

December 31,

 

 

 

2013

 

2012

 

Noninterest-bearing demand

 

$

392,404

 

$

323,367

 

Interest-bearing:

 

 

 

 

 

NOW accounts

 

179,805

 

106,562

 

Money market

 

2,936,579

 

2,357,109

 

Brokered - money market

 

280,354

 

263,193

 

Demand

 

53,558

 

75,308

 

Savings

 

450,723

 

180,367

 

Time

 

2,402,485

 

1,175,432

 

Brokered - time

 

240,254

 

219,123

 

 

 

$

6,936,162

 

$

4,700,461

 

 

The significant increase in deposits at September 30, 2013 as compared to December 31, 2012 is primarily due to the inclusion of $2.2 billion of deposits assumed as a part of the FNB Transaction.