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Federal Funds Purchased
12 Months Ended
Dec. 31, 2011
Federal Funds Purchased [Abstract]  
Federal Funds Purchased

NOTE 16. FEDERAL FUNDS PURCHASED

At December 31, 2011 and 2010, the Company had no outstanding federal funds purchased balances. The Bank had available lines of credit with the FHLB totaling $1.8 billion at December 31, 2011. The Bank had available lines of credit with the Federal Reserve totaling $448.5 million subject to certain collateral requirements, namely the amount of certain pledged loans at December 31, 2011. The Bank had uncommitted federal funds line of credit agreements with additional financial institutions totaling $135.0 million at December 31, 2011. At December 31, 2011, the lines of credit had interest rates ranging from 0.3% to 3.0 %. Availability of the lines is subject to federal funds balances available for loan, continued borrower eligibility and are reviewed and renewed periodically throughout the year. These lines are intended to support short-term liquidity needs, and the agreements may restrict consecutive day usage.