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Table of Contents
Index to Financial Statements
NOTE 13—DEPOSITS
Deposits are summarized as follows (dollars in thousands):
Deposits, classified by rates are as follows (in thousands):
At December 31, 2003, scheduled maturities of certificates of deposit were as follows (in thousands):
Scheduled maturities of certificates of deposit with denominations greater than or equal to $100,000 were as follows (in thousands):
78
Weighted-Average Rate
Amount
Percent
December 31,
2003
December 31,
2002
December 31,
2003
December 31,
2002
December 31,
2003
December 31,
2002
Money market accounts
1.36
%
2.11
%
$
4,412,329
$
4,036,682
35.3
%
48.0
%
Sweep deposit accounts
0.15
%
—
%
4,258,770
—
34.0
—
Certificates of deposit
3.36
%
3.94
%
3,234,139
3,720,959
25.8
44.3
Brokered certificates of deposit
2.78
%
2.79
%
292,476
400,581
2.4
4.8
Passbook savings accounts
1.78
%
2.50
%
809
292
—
—
Checking accounts:
Interest
-
bearing
0.80
%
1.06
%
315,351
241,798
2.5
2.9
Non
-
interest
-
bearing
—
%
—
%
612
21
—
—
Total
$
12,514,486
$
8,400,333
100.0
%
100.0
%
December 31,
2003
2002
0.00%
–
1.99%
$
9,717,635
$
1,636,708
2.00%
–
3.99%
1,818,458
5,385,945
4.00%
–
5.99%
588,116
762,407
6.00%
–
7.99%
390,274
615,270
8.00%
–
9.99%
3
3
Total
$
12,514,486
$
8,400,333
< 1 Year
1-2 Years
2-3 Years
3-4 Years
4-
5 Years
>5 Years
Total
Less than 4.00%
$
1,980,846
$
342,030
$
118,173
$
26,398
$
79,583
$
1,192
$
2,548,222
4.00%
-
5.99%
229,450
106,596
104,916
131,928
4,953
10,273
588,116
6.00%
-
7.99%
142,598
240,561
3,451
1,079
1,188
1,397
390,274
8.00%
-
9.99%
3
—
—
—
—
—
3
Total
$
2,352,897
$
689,187
$
226,540
$
159,405
$
85,724
$
12,862
$
3,526,615
December 31,
2003
2002
Three months or less
$
238,420
$
169,564
Three through six months
116,993
142,625
Six through twelve months
257,854
411,613
Over twelve months
367,979
398,370
Total
$
981,246
$
1,122,172