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DEPOSITS (Tables)
12 Months Ended
Dec. 31, 2013
DEPOSITS  
Ending Deposit Balances

 

 

December 31, (in thousands)

 

2013

 

2012

 

 

 

 

 

 

 

Demand

 

$

651,134

 

$

580,900

 

Money market accounts

 

479,569

 

514,698

 

Brokered money market accounts

 

35,533

 

35,596

 

Savings

 

78,020

 

62,145

 

Individual retirement accounts*

 

28,767

 

32,491

 

Time deposits, $100,000 and over*

 

67,255

 

80,906

 

Other certificates of deposit*

 

75,516

 

100,036

 

Brokered certificates of deposit*(1)

 

86,421

 

97,110

 

 

 

 

 

 

 

Total interest-bearing deposits

 

1,502,215

 

1,503,882

 

Total non interest-bearing deposits

 

488,642

 

479,046

 

 

 

 

 

 

 

Total deposits

 

$

1,990,857

 

$

1,982,928

 

 

(*) — Represents a time deposit.

(1) — Includes brokered deposits less than, equal to and greater than $100,000.

 

Composition of deposits outstanding related to the Company's 2012 FDIC-assisted acquisitions

 

 

 

 

Tennessee

 

First

 

Total

 

 

 

Commerce

 

Commercial

 

Acquired

 

December 31, 2013 (in thousands)

 

Bank

 

Bank

 

Banks

 

 

 

 

 

 

 

 

 

Demand

 

$

1,072

 

$

2,674

 

$

3,746

 

Money market accounts

 

2,325

 

4,677

 

7,002

 

Savings

 

4,069

 

 

4,069

 

Individual retirement accounts*

 

643

 

729

 

1,372

 

Time deposits, $100,000 and over*

 

3,947

 

1,475

 

5,422

 

Other certificates of deposit*

 

2,293

 

3,168

 

5,461

 

Brokered certificates of deposit*(1)

 

2,758

 

2,581

 

5,339

 

 

 

 

 

 

 

 

 

Total interest-bearing deposits

 

17,107

 

15,304

 

32,411

 

Total non interest-bearing deposits

 

3,335

 

2,192

 

5,527

 

 

 

 

 

 

 

 

 

Total deposits

 

$

20,442

 

$

17,496

 

$

37,938

 

 

(*) — Represents a time deposit.

(1) — Includes brokered deposits less than, equal to and greater than $100,000.

 

 

 

Tennessee

 

First

 

Total

 

 

 

Commerce

 

Commercial

 

Acquired

 

December 31, 2012 (in thousands)

 

Bank

 

Bank

 

Banks

 

 

 

 

 

 

 

 

 

Demand

 

$

1,401

 

$

5,871

 

$

7,272

 

Money market accounts

 

1,727

 

25,762

 

27,489

 

Savings

 

8,623

 

 

8,623

 

Individual retirement accounts*

 

1,166

 

3,269

 

4,435

 

Time deposits, $100,000 and over*

 

10,822

 

3,267

 

14,089

 

Other certificates of deposit*

 

7,196

 

12,574

 

19,770

 

Brokered certificates of deposit*(1)

 

6,729

 

12,247

 

18,976

 

 

 

 

 

 

 

 

 

Total interest-bearing deposits

 

37,664

 

62,990

 

100,654

 

Total non interest-bearing deposits

 

4,240

 

6,812

 

11,052

 

 

 

 

 

 

 

 

 

Total deposits

 

$

41,904

 

$

69,802

 

$

111,706

 

 

(*) - Represents a time deposit.

(1) — Includes brokered deposits less than, equal to and greater than $100,000.

 

Schedule of time deposits of $100,000 or more, including brokered certificates of deposit

 

 

December 31, (in thousands)

 

2013

 

2012

 

 

 

 

 

 

 

Time deposits of $100,000 or more

 

$

146,909

 

$

158,516

 

 

Schedule of maturities of all time deposits, including brokered certificates of deposit

At December 31, 2013, the scheduled maturities of all time deposits, including brokered certificates of deposit, were as follows:

 

Year

 

(in thousands)

 

Weighted
Average
Rate

 

 

 

 

 

 

 

2014

 

$

151,189

 

0.55%

 

2015

 

58,711

 

1.58%

 

2016

 

20,576

 

1.64%

 

2017

 

6,956

 

1.09%

 

2018

 

20,056

 

1.47%

 

Thereafter

 

471

 

1.00%

 

 

 

 

 

 

 

Total

 

$

257,959

 

0.96%