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Deposits
6 Months Ended
Jun. 30, 2011
Deposits

Note 15 – Deposits

Total interest bearing deposits consisted of:

 

(In thousands)

   June 30, 2011      December 31, 2010      June 30, 2010  

Savings accounts

   $ 6,234,503      $ 6,177,074      $ 6,093,088  

NOW, money market and other interest bearing demand deposits

     5,460,763        4,756,615        5,133,317  
  

 

 

    

 

 

    

 

 

 

Total savings, NOW, money market and other interest bearing demand deposits

     11,695,266        10,933,689        11,226,405  
  

 

 

    

 

 

    

 

 

 

Certificates of deposit:

        

Under $100,000

     6,508,218        6,238,229        6,476,312  

$100,000 and over

     4,392,941        4,650,961        4,617,518  
  

 

 

    

 

 

    

 

 

 

Total certificates of deposit

     10,901,159        10,889,190        11,093,830  
  

 

 

    

 

 

    

 

 

 

Total interest bearing deposits

   $ 22,596,425      $ 21,822,879      $ 22,320,235  
  

 

 

    

 

 

    

 

 

 

A summary of certificates of deposit by maturity at June 30, 2011, follows:

 

(In thousands)

      

2011

   $ 4,738,977  

2012

     3,047,402  

2013

     1,185,669  

2014

     666,430  

2015

     811,465  

2016 and thereafter

     451,216  
  

 

 

 

Total certificates of deposit

   $ 10,901,159  
  

 

 

 

At June 30, 2011, the Corporation had brokered certificates of deposit amounting to $2.7 billion (December 31, 2010 - $2.3 billion; June 30, 2010 - $2.0 billion).

The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $25 million at June 30, 2011 (December 31, 2010 - $52 million; June 30, 2010 - $34 million).