Annual report pursuant to Section 13 and 15(d)

Short Term Borrowings (Tables)

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Short Term Borrowings (Tables)
 12 Months Ended
Dec. 31, 2011
Short-term Debt [Abstract]  
Schedule of Short-term Debt [Table Text Block]

Short-term borrowings at December 31, 2011 and 2010 were comprised of the following:

 

    At December 31,  
(dollar amounts in thousands)   2011   2010
Federal funds purchased and securities sold under agreements to repurchase $ 1,434,310   $ 1,965,677  
Other borrowings   6,782     75,055  
Total short-term borrowings $ 1,441,092   $ 2,040,732  

         
(dollar amounts in thousands)   2011     2010     2009  
Weighted average interest rate at year-end                  
  Federal Funds purchased and securities sold under agreements to repurchase   0.17 %   0.19 %   0.21 %
  Other short-term borrowings   2.74     0.53     1.17  
Maximum amount outstanding at month-end during the year                  
  Federal Funds purchased and securities sold under agreements to repurchase $ 2,430,992   $ 2,084,431   $ 1,094,736  
  Other short-term borrowings   86,262     107,716     54,208  
Average amount outstanding during the year                  
  Federal Funds purchased and securities sold under agreements to repurchase $ 2,009,039   $ 1,375,154   $ 902,780  
  Other short-term borrowings   46,245     70,220     30,034  
Weighted average interest rate during the year                  
  Federal Funds purchased and securities sold under agreements to repurchase   0.16 %   0.19 %   0.21 %
  Other short-term borrowings   0.59     0.43     1.47