The components of short-term funding (funding with original contractual maturities less than one year) and long-term funding (funding with original contractual maturities greater than one year) was as follows.

			September 30,		December 31,
			2012		2011
			($ in Thousands)
Short-Term Funding
Federal funds purchased		$	89,020	$	154,730
Securities sold under agreements to repurchase			1,049,007		1,359,755
Federal Home Loan Bank ("FHLB") advances			600,000		1,000,000
Commercial paper			15,258		0
	Total short-term funding	$	1,753,285	$	2,514,485

Long-Term Funding
FHLB advances		$	500,387	$	500,476
Senior notes, at par			585,000		430,000
Subordinated debt, at par			25,821		25,821
Junior subordinated debentures, at par			185,567		211,340
Other long-term funding and capitalized costs			8,647		9,434
	Total long-term funding	$	1,305,422	$	1,177,071

Total short and long-term funding		$	3,058,707	$	3,691,556

The FHLB advances included in short-term funding are those with original contractual maturities of less than one year. The securities sold under agreements to repurchase represent short-term funding which is collateralized by securities of the U.S. Government or its agencies and mature daily. During the third quarter of 2012, the Corporation began issuing commercial paper to facilitate a new customer investment product.

FHLB advances: At both September 30, 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 interest rates at both September 30, 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 2011 senior note issuances mature on March 28, 2016 and have a fixed coupon interest rate of 5.125%. In September 2012, the Corporation issued $155 million of senior notes at a discount. The 2012 senior note issuance matures on March 12, 2014 and has a fixed coupon interest rate of 1.875%.

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: As of September 30, 2012, the Corporation owned 100% of the common securities of three trusts: ASBC Capital I, SFSC Capital I, and SFSC Capital II (the “Trusts”). The Trusts were formed for purposes of issuing trust preferred securities to third-party investors and investing the proceeds from the issuance of the trust preferred securities and common securities solely in junior subordinated debentures issued by the Corporation (or assumed by the Corporation in connection with an acquisition). The junior subordinated debentures are the sole assets of the Trusts. In the consolidated balance sheets, the junior subordinated debentures issued by the Corporation to the Trusts are reported as long-term funding and the common securities of the Trusts, all of which are owned by the Corporation, are included in other assets.

The following table provides a summary of the Corporation's junior subordinated debentures as of September 30, 2012 and December 31, 2011. The Corporation redeemed $26 million of the ASBC Capital I junior subordinated debentures during the second quarter of 2012 and intends to redeem the remaining outstanding junior subordinated debentures during the fourth quarter of 2012.

	Related Trust	Trust	Junior
	Common	Preferred	Subordinated	Rate	Contractual	Maturity
($ in Thousands)	Securities	Securities	Debentures, at par	Structure	Rate	Date
September 30, 2012:
ASBC Capital I	$ 4,639	$ 150,000	$ 154,639	Fixed	7.625%	06/2032
SFSC Capital I	464	15,000	15,464	L+3.45	3.880%	11/2032
SFSC Capital II	464	15,000	15,464	L+2.80	3.250%	04/2034
Total	$ 5,567	$ 180,000	$ 185,567

December 31, 2011:
ASBC Capital I	$ 5,412	$ 175,000	$ 180,412	Fixed	7.625%	06/2032
SFSC Capital I	464	15,000	15,464	L+3.45	3.910%	11/2032
SFSC Capital II	464	15,000	15,464	L+2.80	3.230%	04/2034
Total	$ 6,340	$ 205,000	$ 211,340