NOTE 9 DEPOSITS 2003 2002 ================================================================================ Deposits at December 31: Demand deposits ............................. $ 706,202 $ 594,961 Savings deposits ............................ 643,328 567,186 Certificates and other time deposits of $100,000 or more ....................... 279,810 199,734 Other certificates and time deposits ........ 732,761 674,807 ---------- ---------- Total deposits .......................... $2,362,101 $2,036,688 ========== ========== 2004 ....................... $ 619,528 2005 ....................... 188,247 2006 ....................... 82,929 2007 ....................... 77,822 2008 ....................... 40,122 After 2008 ................. 3,923 ---------- $1,012,571 ========== 2003 2002 ================================================================================ Borrowings at December 31: Securities sold under repurchase agreements ....... $ 71,095 $ 89,594 Federal Home Loan Bank advances ................... 212,779 184,677 Trust preferred securities......................... 57,188 53,188 Subordinated debentures, revolving credit and term loans .................................. 40,594 19,300 Other borrowed funds............................... 1,514 10,168 -------- -------- Total borrowings .............................. $383,170 $356,927 ======== ======== NOTE 10 BORROWINGS ===================================================== Certificates and other time deposits maturing in years ending December 31: Securities sold under repurchase agreements consist of obligations of the Banks to other parties. The obligations are secured by U.S. Treasury, Federal agency obligations and corporate asset-backed securities. The maximum amount of outstanding agreements at any month-end during 2003 and 2002 totaled $74,969,000 and $89,594,000, and the average of such agreements totaled $70,354,000 and $72,791,000 during 2003 and 2002. 41 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (table dollar amounts in thousands, except share data)