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DEPOSITS (Tables)
12 Months Ended
Dec. 31, 2013
Components of Interest Bearing Deposits

The following table presents the components of interest-bearing deposits as of the dates indicated:

 

     As of December 31,  
     2013      2012  
     (In thousands)  

Interest-bearing demand deposits

   $ 539,098       $ 15,111   

Money market accounts

     518,696         294,804   

Savings accounts

     963,536         159,055   

Time deposits under $100,000

     27,921         153,066   

Time deposits of $100,000 or more

     440,235         489,644   
  

 

 

    

 

 

 

Total interest-bearing deposits

   $ 2,489,486       $ 1,111,680   
  

 

 

    

 

 

 
Scheduled Maturities of Time Deposits

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

 

     2014      2015      2016      2017      2018 and after      Total  
     (In thousands)  

Time deposits under $100,000

   $ 20,650       $ 2,908       $ 2,938       $ 1,098       $ 327       $ 27,921   

Time deposits of $100,000 or more

     253,323         52,119         82,806         24,692         27,295         440,235   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total time deposits

   $ 273,973       $ 55,027       $ 85,744       $ 25,790       $ 27,622       $ 468,156