TCF Bank 2012 Annual Report Download - page 96

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Note 10. Deposits
Deposits are summarized as follows.
At December 31,
2012 2011
(Dollars in thousands)
Rate at
Year-end Amount % of Total
Rate at
Year-end Amount % of Total
Checking:
Non-interest bearing – % $ 2,487,792 17.7% – % $ 2,442,522 20.0%
Interest bearing .10 2,346,840 16.8 .16 2,187,227 18.0
Total checking .05 4,834,632 34.5 .07 4,629,749 38.0
Savings .28 6,104,104 43.4 .37 5,855,263 48.0
Money market .34 820,553 5.8 .36 651,377 5.3
Total checking, savings and money market .19 11,759,289 83.7 .25 11,136,389 91.3
Certificates of deposit 1.05 2,291,497 16.3 .75 1,065,615 8.7
Total deposits .33% $14,050,786 100.0% .29% $12,202,004 100.0%
Certificates of deposit had the following remaining maturities at December 31, 2012.
Maturity $ 100,000+ Other Total
0-3 months $ 243,749 $ 258,305 $ 502,054
4-6 months 95,767 161,220 256,987
7-12 months 374,367 459,621 833,988
13-24 months 233,330 305,037 538,367
Over 24 months 81,890 78,211 160,101
Total $1,029,103 $1,262,394 $2,291,497
On June 1, 2012, TCF Bank assumed approximately $778 million of deposits from PB&T. The deposits consist primarily of
Individual Retirement Accounts (“IRA”) with certificates of deposit or checking accounts and IRA related brokerage sweep
accounts gathered by PB&T.
{ 80 } { TCF Financial Corporation and Subsidiaries }