XML 39 R19.htm IDEA: XBRL DOCUMENT v3.3.1.900

DEPOSITS

12 Months Ended

Dec. 31, 2015

Deposits [Abstract]

DEPOSITS

DEPOSITS

The following table presents the components of interest-bearing deposits as of the dates indicated:

	December 31,
	2015				2014
	(In thousands)
Interest-bearing demand deposits	$	1,697,055			$	1,054,828
Money market accounts	1,479,931				1,074,432
Savings accounts	823,618				985,646
Certificates of deposits of under $100,000	633,372				449,580
Certificates of deposits of $100,000 through $250,000	250,868				392,899
Certificates of deposits of more than $250,000	297,117				52,151
Total interest-bearing deposits	$	5,181,961			$	4,009,536

As of December 31, 2015, the Bank had brokered deposits of $992.9 million, which represented 12.1 percent of total assets. The Company primarily relies on competitive pricing policies, marketing and customer service to attract and retain deposits.

The following table presents scheduled maturities of certificates of deposit as of December 31, 2015:

	2016				2017				2018				2019				2020 and After				Total
	(In thousands)
Certificates of deposits of under $100,000	$	609,728			$	13,864			$	3,233			$	3,386			$	3,161			$	633,372
Certificates of deposits of $100,000 through $250,000	154,462				69,243				22,995				2,915				1,253				250,868
Certificates of deposits of more than $250,000	290,484				4,162				1,351				297				823				297,117
Total certificates of deposit	$	1,054,674			$	87,269			$	27,579			$	6,598			$	5,237			$	1,181,357

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=50488274&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

X

- References

No definition available.

+ Details

Name:	us-gaap_DepositsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration