Interest Bearing Deposits

12 Months Ended

Dec. 31, 2013

The following table presents the major types of interest bearing deposits at December 31, 2013 and 2012:

(in thousands)



	2013		2012
Interest bearing demand	$	1,233,070	$	1,215,002
Money market	3,349,946		3,407,047
Savings	560,699		475,325
Time, $100,000 and over	1,065,380		1,429,153
Time less than $100,000	472,088		573,834
Total interest bearing deposits	$	6,681,183	$	7,100,361

The following table presents interest expense for each deposit type for the years ended December 31, 2013, 2012 and 2011:

(in thousands)



	2013		2012		2011
Interest bearing demand	$	978	$	1,980	$	3,056
Money market	3,485		7,193		17,236
Savings	321		291		356
Time, $100,000 and over	11,911		16,067		25,771
Other time less than $100,000	4,060		5,602		9,324
Total interest on deposits	$	20,755	$	31,133	$	55,743

The following table presents the scheduled maturities of time deposits as of December 31, 2013:

(in thousands)



Year	Amount
2014	$	1,009,077
2015	204,701
2016	217,406
2017	78,728
2018	25,001
Thereafter	2,555
Total time deposits	$	1,537,468

The following table presents the remaining maturities of time deposits of $100,000 or more as of December 31, 2013:

(in thousands)



	Amount
Three months or less	$	226,849
Over three months through six months	211,268
Over six months through twelve months	253,595
Over twelve months	373,668
Time, $100,000 and over	$	1,065,380

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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