XML 34 R19.htm IDEA: XBRL DOCUMENT v3.6.0.2
Deposits
12 Months Ended
Dec. 31, 2016
Deposits [Abstract]  
Deposits
Deposits
Year-end deposits are summarized in the following table:
 
 
December 31,
 
 
2016
 
2015 (1)
 
 
(in thousands)
Core deposits:
 
 
 
 
Demand and other noninterest-bearing
 
$
3,944,495

 
$
3,507,358

Interest-bearing demand
 
985,293

 
925,909

Money market
 
1,791,283

 
1,788,552

Savings
 
723,667

 
657,016

Certificates of deposit, less than $250,000 (1)
 
304,830

 
359,878

Total core deposits
 
7,749,568

 
7,238,713

Certificates of deposit, $250,000 or more (1)
 
79,424

 
72,126

Certificates of deposit insured through CDARS®
 
22,039

 
26,901

Brokered money market accounts
 
208,348

 
100,854

Subtotal
 
8,059,379

 
7,438,594

Valuation adjustment resulting from acquisition accounting
 
36

 
235

Total deposits
 
$
8,059,415

 
$
7,438,829


_________
(1) Reclassified to conform to the current period’s presentation. The reclassification was limited to changing the threshold for certificates of deposit presented to the current FDIC insurance limit.
Overdrafts of $4.4 million and $1.8 million were reclassified as loan balances at December 31, 2016 and 2015, respectively.
The following table shows the amount and maturity of time deposits:
Years Ending December 31,
 
(in thousands)
2017
 
$
316,626

2018
 
48,312

2019
 
16,922

2020
 
13,624

2021
 
10,426

Thereafter
 
383

Total
 
$
406,293