BB&T 2012 Annual Report Download - page 132

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110
a maturity of seven days that are collateralized by municipal securities and U.S. Treasury tax and loan deposit notes payable
to the U.S. Treasury upon demand.
A summary of selected data related to Federal funds purchased, securities sold under agreements to repurchase and short-
term borrowed funds follows:
As Of / For The Years Ended December 31,
2012 2011 2010
(Dollars in millions)
Maximum outstanding at any month-end during the year $ 4,385 $ 10,473 $ 11,690
Balance outstanding at end of year 2,864 3,566 5,673
Average outstanding during the year 3,408 5,189 9,022
Average interest rate during the year (1) 0.20 % 0.21 % 0.24 %
Average interest rate at end of year 0.22 0.20 0.46
(1) Includes the impact of derivative activities.
NOTE 9. Deposits
A summary of BB&T’ s deposits is presented in the accompanying table:
December 31,
2012 2011
(Dollars in millions)
N
oninteres
t
-bearing deposits $ 32,452 $ 25,684
Interest checking 21,091 20,701
Money market and savings 47,908 44,618
Certificates and other time deposits 31,624 33,899
Foreign office deposits - interest-bearing ― 37
Total deposits $ 133,075 $ 124,939
Time deposits $100,000 and greater $ 19,328 $ 19,819