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Cash and Cash Equivalents (Tables)
9 Months Ended
Sep. 30, 2014
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents
The following table details our cash and cash equivalents at September 30, 2014 and December 31, 2013:
(Dollars in thousands)
 
September 30, 2014
 
December 31, 2013
Cash and due from banks (1)
 
$
1,815,581

 
$
1,349,688

Securities purchased under agreements to resell (2)
 
50,834

 
172,989

Other short-term investment securities
 
6,122

 
16,102

Total cash and cash equivalents
 
$
1,872,537

 
$
1,538,779

 
 
(1)
At September 30, 2014 and December 31, 2013, $883 million and $715 million, respectively, of our cash and due from banks was deposited at the Federal Reserve Bank and was earning interest at the Federal Funds target rate, and interest-earning deposits in other financial institutions were $442 million and $300 million, respectively.
(2)
At September 30, 2014 and December 31, 2013, securities purchased under agreements to resell were collateralized by U.S. Treasury securities and U.S. agency securities with aggregate fair values of $52 million and $176 million, respectively. None of these securities received as collateral were sold or repledged as of September 30, 2014 or December 31, 2013.