Deposits

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements [Abstract]

Deposit Liabilities Disclosures [Text Block]

Note 14 – Deposits

Total interest bearing deposits as of the end of the periods presented consisted of:

(In thousands)		September 30, 2013		December 31, 2012
Savings accounts		$	6,898,351	$	6,694,014
NOW, money market and other interest bearing demand deposits			5,637,047		5,601,261
Total savings, NOW, money market and other interest bearing demand deposits			12,535,398		12,295,275
Certificates of deposit:
	Under $100,000		5,143,267		5,666,973
	$100,000 and over		2,953,835		3,243,736
Total certificates of deposit			8,097,102		8,910,709
Total interest bearing deposits		$	20,632,500	$	21,205,984

A summary of certificates of deposit by maturity at September 30, 2013 follows:

(In thousands)
2013	$	2,429,315
2014		2,858,968
2015		1,228,819
2016		658,746
2017		444,686
2018 and thereafter		476,568
Total certificates of deposit	$	8,097,102

At September 30, 2013, the Corporation had brokered deposits amounting to $ 2.5 billion (December 31, 2012 - $ 2.8 billion).

The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $34 million at September 30, 2013 (December 31, 2012 - $17 million).

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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