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Deposits
12 Months Ended
Dec. 31, 2017
Deposits.  
Deposits

(7) Deposits

Deposits as of December 31, 2017 and 2016 and related interest expense for the years ended December 31, 2017, 2016 and 2015 were as follows:

 

 

 

 

 

 

 

 

 

 

 

2017

 

2016

 

 

 

(Dollars in Thousands)

 

Deposits:

    

 

    

    

 

    

 

Demand - non-interest bearing

 

 

 

 

 

 

 

Domestic

 

$

2,609,932

 

$

2,509,544

 

Foreign

 

 

633,323

 

 

648,507

 

Total demand non-interest bearing

 

 

3,243,255

 

 

3,158,051

 

Savings and interest bearing demand

 

 

 

 

 

 

 

Domestic

 

 

2,615,143

 

 

2,589,675

 

Foreign

 

 

629,988

 

 

614,053

 

Total savings and interest bearing demand

 

 

3,245,131

 

 

3,203,728

 

Time, certificates of deposit $100,000 or more

 

 

 

 

 

 

 

Domestic

 

 

637,006

 

 

748,104

 

Foreign

 

 

808,881

 

 

838,161

 

Less than $100,000

 

 

 

 

 

 

 

Domestic

 

 

354,998

 

 

389,682

 

Foreign

 

 

255,621

 

 

272,363

 

Total time, certificates of deposit

 

 

2,056,506

 

 

2,248,310

 

Total deposits

 

$

8,544,892

 

$

8,610,089

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

2016

 

2015

 

 

 

(Dollars in Thousands)

 

Interest expense:

    

 

    

    

 

    

    

 

    

 

Savings and interest bearing demand

 

 

 

 

 

 

 

 

 

 

Domestic

 

$

5,453

 

$

3,922

 

$

3,026

 

Foreign

 

 

755

 

 

640

 

 

567

 

Total savings and interest bearing demand

 

 

6,208

 

 

4,562

 

 

3,593

 

Time, certificates of deposit $100,000 or more

 

 

 

 

 

 

 

 

 

 

Domestic

 

 

3,644

 

 

3,881

 

 

4,693

 

Foreign

 

 

4,105

 

 

3,929

 

 

4,116

 

Less than $100,000

 

 

 

 

 

 

 

 

 

 

Domestic

 

 

1,312

 

 

1,447

 

 

1,680

 

Foreign

 

 

675

 

 

706

 

 

744

 

Total time, certificates of deposit

 

 

9,736

 

 

9,963

 

 

11,233

 

Total interest expense on deposits

 

$

15,944

 

$

14,525

 

$

14,826

 

 

Scheduled maturities of time deposits as of December 31, 2017 were as follows:

 

 

 

 

 

 

 

    

Total

 

 

 

(in Thousands)

 

2018

 

$

1,859,507

 

2019

 

 

139,276

 

2020

 

 

41,572

 

2021

 

 

13,303

 

2022

 

 

2,760

 

Thereafter

 

 

88

 

Total

 

$

2,056,506

 

 

Scheduled maturities of time deposits in amounts of $100,000 or more at December 31, 2017, were as follows:

 

 

 

 

 

 

 

Total

 

 

(in Thousands)

Due within 3 months or less

    

$

557,206

Due after 3 months and within 6 months

 

 

348,695

Due after 6 months and within 12 months

 

 

404,776

Due after 12 months

 

 

135,210

 

 

$

1,445,887

 

 

Time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2017 and December 31, 2016 were $894,000 and $1,005,000, in thousands, respectively.