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Deposits
12 Months Ended
Dec. 31, 2011
Deposits
10. Deposits

The following table presents the composition of our deposits at December 31, 2011 and 2010:

 

     December 31,  

(Dollars in thousands)

   2011      2010  

Noninterest-bearing demand

   $ 11,861,888       $ 9,011,538   

Negotiable order of withdrawal (NOW)

     112,690         69,287   

Money market

     2,483,406         2,272,883   

Money market deposits in foreign offices

     117,638         98,937   

Sweep deposits in foreign offices

     1,978,165         2,501,466   

Time

     155,749         382,830   
  

 

 

    

 

 

 

Total deposits

   $ 16,709,536       $ 14,336,941   
  

 

 

    

 

 

 

 

The aggregate amount of time deposit accounts individually equal to or greater than $100,000 totaled $126.0 million and $343.5 million at December 31, 2011 and 2010, respectively. Interest expense paid on time deposits individually equal to or greater than $100,000 totaled $0.9 million, $1.5 million and $2.1 million in 2011, 2010 and 2009, respectively. At December 31, 2011, time deposit accounts individually equal to or greater than $100,000 totaling $125.6 million were scheduled to mature within one year.