DEPOSITS

12 Months Ended

Dec. 31, 2011

12.

DEPOSITS

Time deposits of $100,000 or more totaled $657.3 million and $336.8 million at December 31, 2011 and 2010, respectively.

Interest expense on certificates of deposits of $100,000 or more totaled $3.2 million, $6.3 million and $13.8 million for the years ended December 31, 2011, 2010 and 2009, respectively.

Maturities of time deposits of $100,000 or more as of December 31, 2011 were as follows (in thousands):

Three months or less	$	284,320
Over three through six months		213,723
Over six through twelve months		105,126
2013		36,970
2014		9,946
2015		4,675
2016		2,554
Thereafter		-
Total	$	657,314

At December 31, 2011 and 2010, overdrawn deposit accounts totaling $0.7 million and $0.8 million, respectively, have been reclassified as loans on the consolidated balance sheets.

- 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.

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