Deposits and Borrowed Funds [Text Block] |
Note 7: Deposits and Borrowed Funds The following table provides additional detail regarding deposits. | | Deposits | | | At December 31, | | | 2017 | | 2016 | | | (In thousands) | Noninterest-bearing | | $ | 2,197,526 | | | $ | 2,089,443 | | Interest-bearing: | | | | | | | | | Transaction | | | 904,245 | | | | 865,701 | | Savings | | | 1,494,024 | | | | 1,493,427 | | Time deposits less than $100 thousand | | | 117,848 | | | | 133,712 | | Time deposits $100 thousand through $250 thousand | | | 76,578 | | | | 84,925 | | Time deposits more than $250 thousand | | | 37,392 | | | | 37,533 | | Total deposits | | $ | 4,827,613 | | | $ | 4,704,741 | | Demand deposit overdrafts of $2,786 thousand and $2,679 thousand were included as loan balances at December 31, 2017 and 2016, respectively. Interest expense for aggregate time deposits with individual account balances in excess of $100 thousand was $415 thousand in 2017, $509 thousand in 2016 and $687 thousand in 2015. The following table provides additional detail regarding short-term borrowed funds. | | Repurchase Agreements (Sweep) Accounted for as Secured Borrowings | | | Remaining Contractual Maturity of the Agreements Overnight and Continuous | | | At December 31, | | | 2017 | | 2016 | Repurchase agreements: | | | Collateral securing borrowings: | | | | | Securities of U.S. Government sponsored entities | | $ | 74,173 | | | $ | 74,031 | | Agency residential MBS | | | 58,251 | | | | 63,277 | | Corporate securities | | | 105,113 | | | | 90,554 | | Total collateral carrying value | | $ | 237,537 | | | $ | 227,862 | | Total short-term borrowed funds | | $ | 58,471 | | | $ | 59,078 | | | | For the Years Ended December 31, | | | 2017 | | 2016 | | | Highest Balance at Any Month-end | | | (In thousands) | Securities sold under repurchase agreements | | $ | 82,126 | | | $ | 74,815 | |
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