Annual report pursuant to Section 13 and 15(d)

Short Term Borrowings (Tables)

v2.4.1.9
Short Term Borrowings (Tables)
 12 Months Ended
Dec. 31, 2014
Short-term Debt [Abstract]  
Schedule of Short-term Debt [Table Text Block]

Short-term borrowings at December 31, 2014 and 2013 were comprised of the following:

At December 31,
(dollar amounts in thousands) 2014 2013
Federal funds purchased and securities sold under agreements to repurchase $ 1,058,096 $ 548,605
Federal Home Loan Bank advances 1,325,000 1,800,000
Other borrowings 14,005 3,538
Total short-term borrowings $ 2,397,101 $ 2,352,143

(dollar amounts in thousands) 2014 2013 2012
Weighted average interest rate at year-end
Federal Funds purchased and securities sold under agreements to repurchase 0.08 % 0.06 % 0.15 %
Federal Home Loan Bank advances 0.14 0.02 0.03
Other short-term borrowings 1.11 2.59 1.98
Maximum amount outstanding at month-end during the year
Federal Funds purchased and securities sold under agreements to repurchase $ 1,491,350 $ 787,127 $ 1,590,082
Federal Home Loan Bank advances 2,375,000 1,800,000 1,000,000
Other short-term borrowings 56,124 19,497 26,071
Average amount outstanding during the year
Federal Funds purchased and securities sold under agreements to repurchase $ 987,156 $ 692,481 $ 1,293,348
Federal Home Loan Bank advances 1,753,045 702,262 286,530
Other short-term borrowings 20,797 7,815 16,983
Weighted average interest rate during the year
Federal Funds purchased and securities sold under agreements to repurchase 0.07 % 0.08 % 0.14 %
Federal Home Loan Bank advances 0.06 0.04 0.17
Other short-term borrowings 1.63 1.79 1.36