Deposits

12 Months Ended

Dec. 31, 2022

Banking and Thrift, Other Disclosure [Abstract]

Deposits

Deposits

The major types of deposits at December 31, 2022 and 2021 were as follows (dollars in thousands):

	December 31,
	2022				2021
	Amount		Weighted Average Cost		Amount		Weighted Average Cost
Non-interest-bearing	$	2,101,308	—	%	$	2,412,056	—	%
Interest-bearing checking	3,829,683		0.45		4,201,736		0.24
Money market deposit	714,386		0.57		736,090		0.06
Savings	1,487,809		0.07		1,607,933		0.03
Time deposits	1,542,020		2.34		775,001		0.95
Total deposits	$	9,675,206	0.60	%	$	9,732,816	0.19	%

Accrued interest payable related to deposits was $2.0 million and $244,000 at December 31, 2022 and 2021, respectively. Time deposits included $117.7 million and $145.4 million in deposits of $250,000 or more at December 31, 2022 and 2021, respectively. Time deposits also include brokered deposits of $873.4 million and $25.0 million at December 31, 2022 and 2021, respectively.

Time deposits at December 31, 2022 mature as follows (in thousands):

For the Year Ending December 31,	Time Deposit Maturities
2023	$	1,042,730
2024	381,548
2025	81,524
2026	10,747
2027	19,565
Thereafter	5,906
Total	$	1,542,020

Interest expense on deposits for the years ended December 31, 2022, 2021 and 2020 was as follows (in thousands):

	For the Year Ended December 31,
	2022		2021		2020
Interest-bearing checking	$	11,344	$	13,400	$	19,395
Money market deposit	2,234		1,105		2,902
Savings	758		631		2,505
Time deposits	16,685		10,074		23,488
Total interest expense on deposits	$	31,021	$	25,210	$	48,290