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Deposits
9 Months Ended
Sep. 30, 2013
Deposits  
Deposits

Note 9 — Deposits

 

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

 

 

 

September 30,

 

December 31,

 

September 30,

 

(Dollars in thousands)

 

2013

 

2012

 

2012

 

 

 

 

 

 

 

 

 

Certificates of deposit

 

$

1,674,205

 

$

1,062,842

 

$

898,742

 

Interest-bearing demand deposits

 

2,851,575

 

1,911,673

 

1,558,458

 

Non-interest bearing demand deposits

 

1,481,791

 

981,963

 

818,633

 

Savings deposits

 

651,727

 

341,103

 

309,770

 

Other time deposits

 

3,808

 

779

 

3,695

 

Total deposits

 

$

6,663,106

 

$

4,298,360

 

$

3,589,298

 

 

The aggregate amounts of time deposits in denominations of $100,000 or more at September 30, 2013, December 31, 2012, and September 30, 2012 were $767.3 million, $464.6 million and $375.2 million, respectively.  In July of 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“the “Dodd-Frank Act”) permanently increased the insurance limit on deposit accounts from $100,000 to $250,000.  At September 30, 2013, December 31, 2012, and September 30, 2012, the Company had $108.9 million, $129.6 million, and $109.9 million in certificates of deposits greater than $250,000, respectively.  At September 30, 2013 and December 31, 2012, the Company had $42.9 million and $13.0 million, respectively, in traditional, out-of-market brokered deposits.  The Company did not have brokered certificates of deposit at September 30, 2012.