Deposits and Customer Repurchase Agreements

3 Months Ended

Sep. 30, 2011

Deposits and Customer Repurchase Agreements

Deposits and Customer Repurchase Agreements

Note 10:  DEPOSITS AND CUSTOMER REPURCHASE AGREEMENTS

Deposits consisted of the following at September 30, 2011, December 31, 2010 and September 30, 2010 (dollars in thousands):

	September 30 2011					December 31 2010					September 30 2010
	Amount		Percent of Total			Amount		Percent of Total			Amount		Percent of Total
Non-interest-bearing accounts	$	763,008		21.6	%	$	600,457		16.7	%	$	613,313		16.3	%
Interest-bearing checking		362,090		10.2			357,702		10.0			359,923		9.6
Regular savings accounts		670,210		18.9			616,512		17.2			618,144		16.4
Money market accounts		429,083		12.1			459,034		12.8			481,689		12.8
Total transaction and saving accounts		2,224,391		62.8			2,033,705		56.7			2,073,069		55.1
Certificates which mature or reprice:
Within 1 year		1,045,171		28.7			1,185,405		33.0			1,235,720		32.9
After 1 year, but within 3 years		204,040		5.8			314,532		8.7			396,683		10.5
After 3 years		63,832		2.7			57,556		1.6			55,014		1.5
Total certificate accounts		1,313,043		37.2			1,557,493		43.3			1,687,417		44.9
Total deposits	$	3,537,434		100.0	%	$	3,591,198		100.0	%	$	3,760,486		100.0	%
Included in total deposits:
Public fund transaction accounts	$	67,753		1.9	%	$	64,482		1.8	%	$	72,076		1.9	%
Public fund interest-bearing     certificates		69,321		2.0			81,809		2.3			82,045		2.2
Total public deposits	$	137,074		3.9	%	$	146,291		4.1	%	$	154,121		4.1	%
Total brokered deposits	$	59,576		1.7	%	$	102,984		2.9	%	$	144,013		3.8	%

The following table presents the geographic concentration of deposits at September 30, 2011 (in thousands):

	Washington		Oregon		Idaho		Total
Total deposits	$	2,714,284	$	599,077	$	224,073	$	3,537,434

In addition to deposits, we also offer retail repurchase agreements which are customer funds that are primarily associated with sweep account arrangements tied to transaction deposit accounts.  While we include these collateralized borrowings in other borrowings reported in our Consolidated Statements of Financial Condition, these accounts primarily represent customer utilization of our cash management services and related deposit accounts.

The following table presents customer repurchase agreement balances as of September 30, 2011, December 31, 2010 and September 30, 2010 (in thousands):

	September 30 2011		December 31 2010		September 30 2010
Retail repurchase agreements	$	89,633	$	125,140	$	128,149