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Deposits
12 Months Ended
Dec. 31, 2016
Deposits.  
Deposits

(7) Deposits

Deposits as of December 31, 2016 and 2015 and related interest expense for the years ended December 31, 2016, 2015 and 2014 were as follows:

 

 

 

 

 

 

 

 

 

 

 

2016

 

2015

 

 

 

(Dollars in Thousands)

 

Deposits:

    

 

    

    

 

    

 

Demand - non-interest bearing

 

 

 

 

 

 

 

Domestic

 

$

2,509,544

 

$

2,536,192

 

Foreign

 

 

648,507

 

 

613,426

 

Total demand non-interest bearing

 

 

3,158,051

 

 

3,149,618

 

Savings and interest bearing demand

 

 

 

 

 

 

 

Domestic

 

 

2,589,675

 

 

2,450,102

 

Foreign

 

 

614,053

 

 

570,120

 

Total savings and interest bearing demand

 

 

3,203,728

 

 

3,020,222

 

Time, certificates of deposit $100,000 or more

 

 

 

 

 

 

 

Domestic

 

 

748,104

 

 

800,393

 

Foreign

 

 

838,161

 

 

848,355

 

Less than $100,000

 

 

 

 

 

 

 

Domestic

 

 

389,682

 

 

430,102

 

Foreign

 

 

272,363

 

 

287,563

 

Total time, certificates of deposit

 

 

2,248,310

 

 

2,366,413

 

Total deposits

 

$

8,610,089

 

$

8,536,253

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

2015

 

2014

 

 

 

(Dollars in Thousands)

 

Interest expense:

    

 

    

    

 

    

    

 

    

 

Savings and interest bearing demand

 

 

 

 

 

 

 

 

 

 

Domestic

 

$

3,922

 

$

3,026

 

$

2,998

 

Foreign

 

 

640

 

 

567

 

 

599

 

Total savings and interest bearing demand

 

 

4,562

 

 

3,593

 

 

3,597

 

Time, certificates of deposit $100,000 or more

 

 

 

 

 

 

 

 

 

 

Domestic

 

 

3,881

 

 

4,693

 

 

4,615

 

Foreign

 

 

3,929

 

 

4,116

 

 

4,529

 

Less than $100,000

 

 

 

 

 

 

 

 

 

 

Domestic

 

 

1,447

 

 

1,680

 

 

2,074

 

Foreign

 

 

706

 

 

744

 

 

815

 

Total time, certificates of deposit

 

 

9,963

 

 

11,233

 

 

12,033

 

Total interest expense on deposits

 

$

14,525

 

$

14,826

 

$

15,630

 

 

Scheduled maturities of time deposits as of December 31, 2016 were as follows:

 

 

 

 

 

 

 

    

Total

 

 

 

(in thousands)

 

2017

 

$

2,021,655

 

2018

 

 

156,078

 

2019

 

 

52,777

 

2020

 

 

17,064

 

2021

 

 

638

 

Thereafter

 

 

98

 

Total

 

$

2,248,310

 

 

Scheduled maturities of time deposits in amounts of $100,000 or more at December 31, 2016, were as follows:

 

 

 

 

 

 

 

Total

 

 

(in thousands)

Due within 3 months or less

    

$

605,093

Due after 3 months and within 6 months

 

 

390,668

Due after 6 months and within 12 months

 

 

430,447

Due after 12 months

 

 

160,057

 

 

$

1,586,265

 

 

Time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2016 and December 31, 2015 were $1,005,000 and $1,021,000, respectively.