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Deposits
12 Months Ended
Dec. 31, 2015
Deposits [Abstract]  
Deposits
NOTE 8 – DEPOSITS
Deposits consisted of the following as of December 31:
 
2015
 
2014
 
(in thousands)
Noninterest-bearing demand
$
3,948,114

 
$
3,640,623

Interest-bearing demand
3,451,207

 
3,150,612

Savings and money market accounts
3,868,046

 
3,504,820

Time deposits
2,864,950

 
3,071,451

 
$
14,132,317

 
$
13,367,506



Included in time deposits were certificates of deposit equal to or greater than $100,000 of $1.2 billion as of both December 31, 2015 and 2014. Time deposits of $250,000 or more were $359.9 million and $366.7 million as of December 31, 2015 and 2014, respectively. The scheduled maturities of time deposits as of December 31, 2015 were as follows (in thousands):
Year
 
2016
$
1,342,716

2017
508,171

2018
239,480

2019
527,480

2020
163,559

Thereafter
83,544

 
$
2,864,950