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Southwest
Bancorporation of Texas, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
(Continued)
7.
Deposits:
At
December 31,2000,scheduled maturities of time deposits are summarized
as follows:

At December
31, 2000 and 1999, the aggregate amount of deposits from related
parties was $140,082 and $47,021, respectively.
Brokered deposits
were $53,406 and $30,056 at December 31, 2000 and 1999, respectively.
8.
Securities Sold under Repurchase Agreements and Other Borrowings:
Securities sold
under repurchase agreements and other borrowings, consisting of
federal funds purchased and treasury, tax, and loan deposits, generally
represent borrowings with maturities ranging from one to thirty
days. Information relating to these borrowings is summarized as
follows:

Securities sold
under repurchase agreements generally include U. S. Government securities
and are maintained in safekeeping by correspondent banks. The Company
enters into these repurchase agreements as a service to its customers.
Subject to certain
limitations, the Bank may borrow funds from the Federal Home Loan
Bank (FHLB") in the form of advances. Credit availability
from the FHLB to the Bank is based on the Banks financial
and operating condition. Borrowings from the FHLB to the Bank were
approximately $193,400 and $237,200 at December 31, 2000 and 1999,
respectively. In addition to creditworthiness, the Bank must own
a minimum amount of FHLB capital stock. This minimum is 5.00% of
outstanding FHLB advances. Unused borrowing capacity at December
31, 2000 was approximately $293,200.
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