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Securities Sold Under Agreements to Repurchase and Other Borrowings (Tables)
9 Months Ended
Sep. 30, 2014
Securities Sold Under Agreements to Repurchase and Other Short-term Borrowings [Abstract]  
Summary Of Securities Sold Under Agreements To Repurchase And Other Borrowings
The following table summarizes securities sold under agreements to repurchase and other borrowings:
(In thousands)
At September 30,
2014

At December 31,
2013
Securities sold under agreements to repurchase:
 
 
 
Original maturity of one year or less
$
398,975

 
$
359,662

Original maturity of greater than one year, non-callable
550,000

 
550,000

Callable at the option of the counterparty (1)

 
100,000

 
948,975

 
1,009,662

Other borrowings:
 
 
 
Federal funds purchased
288,000

 
322,000

Securities sold under agreements to repurchase and other borrowings
$
1,236,975

 
$
1,331,662


(1)
There were $100 million of securities sold under agreements to repurchase that had callable options for June 23, 2014 and were classified as callable at the option of the counterparty at December 31, 2013. The callable options were not exercised as of the call date and were reclassified as original maturity of greater than one year, non-callable during the quarter ended September 30, 2014.