XML 139 R21.htm IDEA: XBRL DOCUMENT
v2.4.0.8

CUSTOMER DEPOSIT ACCOUNTS | 12 Months Ended
--- | ---
Dec. 31, 2013
CUSTOMER DEPOSIT ACCOUNTS |
CUSTOMER DEPOSIT ACCOUNTS | NOTE 13—CUSTOMER DEPOSIT ACCOUNTS Customer deposit account balances are summarized as follows:
|  | December 31, |
|  | 2013 |  | 2012 |
|  | (In thousands) |
Noninterest-bearing demand |  | $ | 5,821,899 |  | $ | 4,535,877 |
Interest-bearing checking |  | 1,749,479 |  | 1,230,372 |
Money market accounts |  | 5,383,759 |  | 5,000,309 |
Savings deposits |  | 1,633,433 |  | 1,421,182 |
Total core deposits |  | 14,588,570 |  | 12,187,740 |
Time deposits: |  |  |  |  |
Less than $100,000 |  | 1,678,850 |  | 1,884,577 |
$100,000 or greater |  | 4,145,498 |  | 4,237,037 |
Total time deposits |  | 5,824,348 |  | 6,121,614 |
Total deposits |  | $ | 20,412,918 |  | $ | 18,309,354 |
The $4.15 billion and $4.24 billion balance of time deposits $100 thousand or greater at December 31, 2013 and 2012, includes $169.7 million and $319.3 million respectively, of deposits held by the Company’s foreign branch located in Hong Kong. At December 31, 2013, the scheduled maturities of time deposits are as follows:
|  | $100,000 or |  | Less Than |  |  |
|  | Greater |  | $100,000 |  | Total |
|  | (In thousands) |
2014 |  | $ | 3,178,469 |  | $ | 1,413,205 |  | $ | 4,591,674 |
2015 |  | 370,754 |  | 176,714 |  | 547,468 |
2016 |  | 129,854 |  | 21,728 |  | 151,582 |
2017 |  | 183,622 |  | 36,468 |  | 220,090 |
2018 |  | 165,284 |  | 30,731 |  | 196,015 |
Thereafter |  | 117,515 |  | 4 |  | 117,519 |
Total |  | $ | 4,145,498 |  | $ | 1,678,850 |  | $ | 5,824,348 |
Accrued interest payable totaled $5.2 million and $4.7 million at December 31, 2013 and 2012, respectively. Interest expense on customer deposits by account type is summarized as follows:
|  | December 31, |
|  | 2013 |  | 2012 |  | 2011 |
|  | (In thousands) |
Interest-bearing checking |  | $ | 3,556 |  | $ | 3,163 |  | $ | 3,009 |
Money market accounts |  | 15,019 |  | 16,984 |  | 20,610 |
Savings deposits |  | 2,961 |  | 2,795 |  | 2,988 |
Time deposits: |  |  |  |  |  |  |
Less than $100,000 |  | 15,485 |  | 20,655 |  | 29,329 |
$100,000 or greater |  | 26,475 |  | 32,298 |  | 51,174 |
Total |  | $ | 63,496 |  | $ | 75,895 |  | $ | 107,110 |
As of December 31, 2013, time deposits within the Certificate of Deposit Account Registry Service (“CDARS”) program decreased to $203.3 million, compared to $260.5 million at December 31, 2012. The CDARS program allows customers with deposits in excess of FDIC-insured limits to obtain full coverage on time deposits through a network of banks within the CDARS program. Additionally, the Company is partnered with another financial institution and offers a retail sweep product for non-time deposit accounts to provide added deposit insurance coverage for deposits in excess of FDIC-insured limits. Deposits gathered through these programs are considered brokered deposits under current regulatory reporting guidelines.

X
- Details
Name: | ewbc_CustomerDepositAccountsDisclosureAbstract
Namespace Prefix: | ewbc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479006&loc=d3e64164-112818 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration