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Deposits
12 Months Ended
Dec. 31, 2011
Deposits, Federal Home Loan Bank Advances and Regulatory Capital and Reserve Requirements [Abstract]  
DEPOSITS

NOTE 9 — DEPOSITS

A summary of deposits follows:

 

                 
    December 31,  
    2011     2010  
    (In thousands)  

Noninterest-bearing demand

  $ 875,791     $ 753,553  

Interest-bearing demand

    828,306       855,327  

Savings

    1,147,786       1,129,839  

Time deposits over $100,000

    531,043       508,196  

Other time deposits

    983,931       1,084,850  
   

 

 

   

 

 

 

Total deposits

  $ 4,366,857     $ 4,331,765  
   

 

 

   

 

 

 

Excluded from total deposits are demand deposit account overdrafts (overdrafts) which have been classified as loans. At December 31, 2011 and 2010, overdrafts totaled $1.8 million and $2.7 million, respectively. Time deposits with remaining maturities of less than one year were $939 million at December 31, 2011. Time deposits with remaining maturities of one year or more were $576 million at December 31, 2011. The maturities of these time deposits are as follows: 2013 - $257 million; 2014 - $150 million; 2015 - $125 million; 2016 - $43 million; 2017 and thereafter - $1 million.