Cash and Cash Equivalents

9 Months Ended

Sep. 30, 2012

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Cash and Cash Equivalents

Cash and Cash Equivalents

The following table details our cash and cash equivalents at September 30, 2012 and December 31, 2011:

(Dollars in thousands)	September 30, 2012		December 31, 2011
Cash and due from banks (1)	$	678,239	$	852,010
Securities purchased under agreements to resell (2)	116,276		175,553
Other short-term investment securities	112,165		87,385
Total cash and cash equivalents	$	906,680	$	1,114,948

(1) At September 30, 2012 and December 31, 2011, $139.1 million and $100.1 million, respectively, of our cash and due from banks was deposited at the FRB and was earning interest at the Federal Funds target rate, and interest-earning deposits in other financial institutions were $187.6 million and $371.5 million, respectively.

(2) At September 30, 2012 and December 31, 2011, securities purchased under agreements to resell were collateralized by U.S. treasury securities and U.S. agency securities with aggregate fair values of $118.6 million and $179.1 million, respectively. None of these securities received as collateral were sold or repledged as of September 30, 2012 and December 31, 2011.