HR Block 2013 Annual Report Download - page 73

Download and view the complete annual report

Please find page 73 of the 2013 HR Block annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

66 H&R Block 2013 Form 10-K
NOTE 8: CUSTOMER BANKING DEPOSITS
The components of customer banking deposits at April 30, 2013 and 2012 and the related interest expense recorded
during the periods are as follows:
(in 000s)
April 30, 2013 2012
Outstanding
Balance
Interest
Expense
Outstanding
Balance
Interest
Expense
Short-term:
Money-market deposits $188,939 $1,827 $ 177,976 $ 2,071
Savings deposits 18,608 138 11,401 105
Checking deposits:
Interest-bearing 1,941 21 4,336 40
Non-interest-bearing 391,654 —276,321 —
393,595 21 280,657 40
IRAs and other time deposits:
Due in one year 18,529 29,510
IRAs 316,793 328,005
335,322 3,674 357,515 4,519
$936,464 $5,660 $ 827,549 $ 6,735
Long-term:
Due in two years $1,436 $4,710
Due in three years 106 706
Due in four years 13 36
Due in five years 312 46
$1,867 $ — $5,498 $ —
Accrued but unpaid interest on deposits totaled $0.1 million as of April 30, 2013 and 2012.
Time deposit accounts totaling $2.6 million were in excess of Federal Deposit Insurance Corporation (FDIC) insured
limits at April 30, 2013, and mature as follows:
(in 000s)
Three months or less $997
Six to twelve months 1,632
$2,629