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Federal Funds Sold, Securities Purchased under Resale Agreements and Other Short-Term Investments
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2012
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| Federal Funds Sold, Securities Purchased under Resale Agreements and Other Short-Term Investments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Federal Funds Sold, Securities Purchased under Resale Agreements and Other Short-Term Investments | The following table provides the detail of federal funds sold, securities purchased under short-term resale agreements (generally less than one year) and other short-term investments. The majority of interest-earning deposits at December 31, 2012, were held at the Federal Reserve.
We have classified in loans securities purchased under long-term resale agreements (generally one year or more), which totaled $9.5 billion and $8.7 billion at December 31, 2012 and 2011, respectively. For additional information on the collateral we receive from other entities under resale agreements and securities borrowings, see the “Pledged Assets and Collateral” section of Note 14.
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