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Deposits
12 Months Ended
Dec. 31, 2014
Deposits [Abstract]  
Deposits
Deposits
 
The following table summarizes deposits at the dates indicated.
 
 
At December 31,
 
 
 
 
 
2014
 
 
 
 
 
 
 
2013
 
 
(Dollars in Thousands)
Weighted Average Rate
 
Balance
 
Percent of Total
 
Weighted Average Rate
 
Balance
 
Percent of Total
Core deposits:
 
 

 
 
 

 
 

 
 
 

 
 
 

 
 

Savings
 
0.05
%
 
 
$
2,237,142

 
23.54
%
 
 
0.05
%
 
 
$
2,493,899

 
25.31
%
Money market
 
0.24

 
 
2,373,484

 
24.96

 
 
0.25

 
 
1,972,136

 
20.01

NOW
 
0.06

 
 
1,331,345

 
14.01

 
 
0.06

 
 
1,231,890

 
12.50

Non-interest bearing NOW
and demand deposit
 

 
 
867,432

 
9.13

 
 

 
 
865,588

 
8.78

Total core deposits
 
0.11

 
 
6,809,403

 
71.64

 
 
0.11

 
 
6,563,513

 
66.60

Certificates of deposit
 
1.47

 
 
2,695,506

 
28.36

 
 
1.50

 
 
3,291,797

 
33.40

Total deposits
 
0.50
%
 
 
$
9,504,909

 
100.00
%
 
 
0.57
%
 
 
$
9,855,310

 
100.00
%

 
The aggregate amount of certificates of deposit with balances equal to or greater than $100,000 was $871.2 million at December 31, 2014 and $1.06 billion at December 31, 2013.  There were no brokered certificates of deposit at December 31, 2014 and 2013.
 
The following table details the scheduled maturities of our certificates of deposit at December 31, 2014.
 
Year
Weighted
Average
Rate
 
 
Balance
 
 
 
Percent
of
Total
 
 
 
 

 
 
(In Thousands)
 
 
 

 
2015
 
1.44
%
 
 
 
$
1,577,360

 
 
 
58.52
%
 
2016
 
1.78

 
 
 
551,619

 
 
 
20.46

 
2017
 
1.09

 
 
 
277,620

 
 
 
10.30

 
2018
 
1.10

 
 
 
101,213

 
 
 
3.76

 
2019
 
1.50

 
 
 
186,384

 
 
 
6.91

 
2020 and thereafter
 
1.70

 
 
 
1,310

 
 
 
0.05

 
Total
 
1.47
%
 
 
 
$
2,695,506

 
 
 
100.00
%
 

 
The following table summarizes interest expense on deposits for the years indicated.
 
 
For the Year Ended December 31,
(In Thousands)  
2014
 
2013
 
2012
Savings
$
1,182

 
$
1,329

 
$
4,437

Money market
5,527

 
5,646

 
8,944

Interest-bearing NOW
706

 
691

 
978

Certificates of deposit
43,940

 
54,951

 
83,662

Total interest expense on deposits
$
51,355

 
$
62,617

 
$
98,021