Cash and Cash Equivalents

6 Months Ended

Jun. 30, 2012

Cash and Cash Equivalents

4. Cash and Cash Equivalents

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

(Dollars in thousands)	June 30, 2012		December 31, 2011
Cash and due from banks (1)	$	1,224,552	$	852,010
Securities purchased under agreements to resell (2)		100,787		175,553
Other short-term investment securities		86,386		87,385
Total cash and cash equivalents	$	1,411,725	$	1,114,948

(1) At June 30, 2012 and December 31, 2011, $662.4 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 $265.8 million and $371.5 million, respectively.

(2) At June 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 $102.8 million and $179.1 million, respectively. None of these securities received as collateral were sold or repledged as of June 30, 2012 and December 31, 2011.