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, 2012
Short-term Debt [Abstract]  
Schedule of Short-term Debt [Table Text Block]

Short-term borrowings at December 31, 2012 and 2011 were comprised of the following:

 

    At December 31,  
(dollar amounts in thousands)   2012   2011
Federal funds purchased and securities sold under agreements to repurchase $ 575,899   $ 1,434,310  
Other borrowings   13,915     6,782  
Total short-term borrowings $ 589,814   $ 1,441,092  

         
(dollar amounts in thousands)   2012     2011     2010  
Weighted average interest rate at year-end                  
  Federal Funds purchased and securities sold under agreements to repurchase   0.15 %   0.17 %   0.19 %
  Other short-term borrowings   1.98     2.74     0.53  
Maximum amount outstanding at month-end during the year                  
  Federal Funds purchased and securities sold under agreements to repurchase $ 1,590,082   $ 2,430,992   $ 2,084,431  
  Other short-term borrowings   26,071     86,262     107,716  
Average amount outstanding during the year                  
  Federal Funds purchased and securities sold under agreements to repurchase $ 1,293,348   $ 2,009,039   $ 1,375,154  
  Other short-term borrowings   16,983     46,245     70,220  
Weighted average interest rate during the year                  
  Federal Funds purchased and securities sold under agreements to repurchase   0.14 %   0.16 %   0.19 %
  Other short-term borrowings   1.36     0.59     0.43