Long-term funding (funding with original contractual maturities greater than one year) was as follows.

			March 31,		December 31,
			2012		2011
			($ in Thousands)
Federal Home Loan Bank ("FHLB") advances		$	500,409	$	500,476
Senior notes, at par			430,000		430,000
Subordinated debt, at par			25,821		25,821
Junior subordinated debentures, at par			211,340		211,340
Other borrowed funds and capitalized costs			9,166		9,434
	Total long-term funding	$	1,176,736	$	1,177,071

FHLB advances: At both March 31, 2012, and December 31, 2011, long-term advances from the FHLB had maturities through 2020 and had weighted-average interest rates of 1.79%. These advances all had fixed contractual rates at both March 31, 2012, and December 31, 2011.

Senior notes: In March 2011, the Corporation issued $300 million of senior notes at a discount. In September 2011, the Corporation issued an additional $130 million of senior notes at a premium. The senior notes mature on March 28, 2016 and have a fixed coupon interest rate of 5.125%.

Subordinated debt: In September 2008, the Corporation issued $26 million of 10-year subordinated debt with a 5-year no-call provision. The subordinated debt was issued at a discount, and has a fixed coupon interest rate of 9.25%. Subordinated debt qualifies under the risk-based capital guidelines as Tier 2 supplementary capital for regulatory purposes, and is discounted in accordance with regulations when the debt has five years or less remaining to maturity.

Junior subordinated debentures: The Corporation has $180 million of junior subordinated debentures (“ASBC Debentures”), which carry a fixed rate of 7.625% and mature on June 15, 2032. Beginning May 30, 2007, the Corporation has had the right to redeem the ASBC Debentures, at par, and none were redeemed in 2011 or during the first three months of 2012. The carrying value of the ASBC Debentures was $180 million at both March 31, 2012 and December 31, 2011. With its October 2005 business combination, the Corporation acquired variable rate junior subordinated debentures at a premium (the “SFSC Debentures”), from two equal issuances (contractually $31 million on a combined basis), of which one pays a variable rate adjusted quarterly based on the 90-day LIBOR plus 2.80% (or 3.35% at March 31, 2012) and matures April 23, 2034, and the other which pays a variable rate adjusted quarterly based on the 90-day LIBOR plus 3.45% (or 3.96% at March 31, 2012) and matures November 7, 2032. The Corporation has the right to redeem the SFSC Debentures, at par, on a quarterly basis and none were redeemed in 2011 or during the first three months of 2012. The carrying value of the SFSC Debentures was $36 million at both March 31, 2012 and December 31, 2011.