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Deposits
12 Months Ended
Dec. 31, 2015
Deposits [Abstract]  
Deposits

Note 12 – Deposits

At December 31, 2015 and 2014, deposits consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

Noninterest-bearing demand

 

$

2,998,694

 

 

$

2,748,635

 

Interest-bearing demand

 

 

1,938,497

 

 

 

1,722,581

 

Savings

 

 

2,970,997

 

 

 

3,280,060

 

Time

 

 

1,680,042

 

 

 

1,947,082

 

Total

 

$

9,588,230

 

 

$

9,698,358

 

 

Interest expense on deposits by type consisted of the following for the periods presented ($ in thousands):

 

 

 

Years Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Interest-bearing demand

 

$

3,235

 

 

$

3,151

 

 

$

3,948

 

Savings

 

 

2,547

 

 

 

2,949

 

 

 

3,889

 

Time

 

 

6,816

 

 

 

9,223

 

 

 

11,881

 

Total

 

$

12,598

 

 

$

15,323

 

 

$

19,718

 

 

The maturities of time deposits of $100,000 or more at December 31, 2015 and 2014 are as follows ($ in thousands):

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

3 months or less

 

$

151,339

 

 

$

199,087

 

Over 3 months through 6 months

 

 

132,440

 

 

 

168,886

 

Over 6 months through 12 months

 

 

197,630

 

 

 

227,130

 

Over 12 months

 

 

193,914

 

 

 

222,119

 

Total

 

$

675,323

 

 

$

817,222

 

 

The maturities of interest-bearing deposits at December 31, 2015, are as follows ($ in thousands):

 

2016

 

$

1,240,268

 

2017

 

 

295,723

 

2018

 

 

73,586

 

2019

 

 

38,962

 

2020 and thereafter

 

 

31,503

 

Total time deposits

 

 

1,680,042

 

Interest-bearing deposits with no stated maturity

 

 

4,909,494

 

Total interest-bearing deposits

 

$

6,589,536