Long-term funding (funding with original contractual maturities greater than one year) at December 31 was as follows.

		2013		2012
		($ in Thousands)
FHLB advances		$	2,500,297	$	400,375
Senior notes, at par			585,000		585,000
Subordinated debt, at par			-		25,821
Other long-term funding and capitalized costs			1,970		4,150
	Total long-term funding	$	3,087,267	$	1,015,346

FHLB advances: At December 31, 2013, the long-term FHLB advances had a weighted average interest rate of 0.10%, compared to 1.79% at December 31, 2012. During the fourth quarter of 2013, the Corporation executed $2.5 billion of five year, variable rate FHLB advances that are putable, at our option, without penalty after six months. The FHLB advances are indexed to the FHLB discount note plus 6 basis points and reprice at varying intervals, including $1.0 billion repricing at four week intervals, $750 million repricing at 13 week intervals, and $750 million repricing daily. These advances offer flexible, low cost, long-term funding that improves the Corporation's liquidity profile.

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 has a fixed coupon interest rate of 1.875%, matures on March 12, 2014, and is callable beginning in February 2014. The Corporation plans to early retire the 2012 senior note issuance at par on the call date in February 2014.

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, had a fixed coupon interest rate of 9.25%, and was called in September 2013. The Corporation redeemed the outstanding subordinated debt effective October 15, 2013.

The table below summarizes the maturities of the Corporation’s long-term funding at December 31, 2013.

Year	($ in Thousands)
2014	$	155,001
2015		30
2016		431,944
2017		67
2018		2,500,000
Thereafter		225
Total long-term funding	$	3,087,267

Under agreements with the Federal Home Loan Bank of Chicago, FHLB advances (short-term and long-term) are secured by qualifying mortgages of the subsidiary bank (such as residential mortgage, residential mortgage loans held for sale, home equity, and commercial real estate) and by specific investment securities for certain FHLB advances. At December 31, 2013, the Corporation had $3.5 billion of total collateral capacity supported by residential mortgage and home equity loans. Total short-term and long-term FHLB advances outstanding at December 31, 2013, was $2.7 billion.