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Deposits (Tables)
12 Months Ended
Dec. 31, 2016
Deposits [Abstract]  
Schedule of Deposits
The following table summarizes total deposits at December 31, 2016 and 2015.
 
 
December 31,
 
 
2016
 
2015
Deposits - interest bearing
 
$
13,434,990

 
$
11,487,006

Deposits - non-interest bearing
 
677

 
701

Total deposits
 
$
13,435,667

 
$
11,487,707

Interest Bearing Deposits
Interest bearing deposits at December 31, 2016 and 2015 are summarized as follows:
 
 
 
December 31, 2016
 
December 31, 2015
 
 
Amount
 
Year-End Weighted
Average Stated Rate(1)
 
Amount
 
Year-End Weighted
Average Stated Rate(1)
 
 
 
 
 
 
 
 
 
Money market
 
$
7,129,404

 
1.22
%
 
$
4,886,299

 
1.19
%
Savings
 
834,521

 
0.84

 
669,254

 
0.82

Certificates of deposit
 
5,471,065

 
1.41

 
5,931,453

 
0.98

Deposits - interest bearing
 
$
13,434,990

 


 
$
11,487,006

 
 

___
(1) Includes the effect of interest rate swaps in effective hedge relationships.
Schedule of Maturities of Time Deposits
Certificates of deposit remaining maturities are summarized as follows:
 
 
December 31,
 
 
2016
 
2015
One year or less
 
$
2,565,246

 
$
2,667,980

After one year to two years
 
1,364,812

 
1,210,429

After two years to three years
 
936,125

 
1,053,442

After three years to four years
 
225,245

 
630,851

After four years to five years
 
379,637

 
203,704

After five years
 

 
165,047

Total
 
$
5,471,065

 
$
5,931,453