Deposits

3 Months Ended

Mar. 31, 2016

Disclosure Text Block

Deposits

Note 17 – Deposits

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

(In thousands)		March 31, 2016		December 31, 2015
Savings accounts		$	7,307,272	$	7,010,391
NOW, money market and other interest bearing demand deposits			5,957,465		5,632,449
Total savings, NOW, money market and other interest bearing demand deposits			13,264,737		12,642,840
Certificates of deposit:
	Under $100,000		3,798,028		4,014,359
	$100,000 and over		4,079,735		4,151,009
Total certificates of deposit			7,877,763		8,165,368
Total interest bearing deposits		$	21,142,500	$	20,808,208

A summary of certificates of deposit by maturity atMarch 31,2016 follows:

(In thousands)
2016	$	3,780,813
2017		1,452,245
2018		800,872
2019		517,844
2020		974,612
2021 and thereafter		351,377
Total certificates of deposit	$	7,877,763

At March 31,2016, the Corporation had brokered deposits amounting to $ 0.9 billion (December 31, 2015 - $ 1.3 billion).

The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $9million at March 31,2016 (December 31, 2015 - $11million).