Short-Term Borrowings

12 Months Ended

Dec. 31, 2012

Short-Term Borrowings [Abstract]

Short-Term Borrowings [Text Block]

Short-term borrowings include federal funds purchased and securities sold under agreements to repurchase, trading liabilities, and other borrowed funds.

Federal funds purchased and securities sold under agreements to repurchase generally have maturities of less than 90 days. Trading liabilities, which represent short positions in securities, are generally held for less than 90 days. Other short-term borrowings have original maturities of one year or less. On December 31, 2012, capital markets trading securities with a fair value of $80.1million were pledged to secure other short-term borrowings.

The detail of these borrowings for the years 2012, 2011 and 2010 is presented in the following table:
(Dollars in thousands)		Federal Funds Purchased and Securities Sold Under Agreements to Repurchase			Trading Liabilities			Other Short-term Borrowings
2012
Average balance	$	1,928,891		$	589,461		$	450,690
Year-end balance		1,906,461			564,429			441,201
Maximum month-end outstanding		2,035,285			808,139			1,270,180
Average rate for the year		.24	%		1.77	%		.15	%
Average rate at year-end		.22			1.88			.25
2011
Average balance	$	2,159,933		$	609,772		$	290,344
Year-end balance		1,887,052			347,285			172,550
Maximum month-end outstanding		2,631,628			709,642			643,094
Average rate for the year		.23	%		2.45	%		.29	%
Average rate at year-end		.23			2.34			.08
2010
Average balance	$	2,615,536		$	547,377		$	227,772
Year-end balance		2,114,908			361,920			180,735
Maximum month-end outstanding		3,046,201			654,748			693,512
Average rate for the year		.24	%		3.30	%		.56	%
Average rate at year-end		.22			3.01			.18