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Deposits
6 Months Ended
Jun. 30, 2011
Deposits  
Deposits

Note 9 — Deposits

 

The Company’s total deposits are comprised of the following:

 

 

 

June 30,

 

December 31,

 

June 30,

 

(Dollars in thousands)

 

2011

 

2010

 

2010

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

$

1,016,851

 

$

1,129,892

 

$

1,276,085

 

Interest-bearing demand deposits

 

1,302,199

 

1,186,260

 

1,072,842

 

Demand deposits

 

598,112

 

484,838

 

465,594

 

Savings deposits

 

258,571

 

202,054

 

194,749

 

Other time deposits

 

30,095

 

1,104

 

2,597

 

Total deposits

 

$

3,205,828

 

$

3,004,148

 

$

3,011,867

 

 

The aggregate amounts of time deposits in denominations of $100,000 or more at June 30, 2011, December 31, 2010, and June 30, 2010 were $462.4 million, $530.8 million and $593.7 million, respectively.  In July of 2010, the Dodd-Frank Act permanently increased the insurance limit on deposit accounts from $100,000 to $250,000.  At June 30, 2011 and December 31, 2010, SCBT had $174.3 million and $177.5 million in certificates of deposits greater than $250,000, respectively.  The Company did not have brokered certificates of deposit at June 30, 2011, December 31, 2010, and June 30, 2010.