- Definition

Any certificate of deposit or savings account held by a bank or other financial institution for a short-term specified period of time. Because of their short-term, time deposits are considered highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months.

+ References+ Details

Note 8 - Goodwill and Other Intangible Assets (Detail) (USD $)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008
Acquired Deposits	$ 106,700,000
Finite-Lived Core Deposits, Gross		42,832,000	36,591,000	35,731,000
Time Deposits, at Carrying Value	36.1
Old National Bank Of Evansville Indiana [Member]
Finite-Lived Core Deposits, Gross	$ 70,600,000