Deposits

12 Months Ended

Dec. 31, 2023

Banking and Thrift, Other Disclosure [Abstract]

Deposits

Deposits

Deposits and their respective weighted average interest rate at December 31, 2023 and 2022 consisted of the following:

	December 31,
	2023				2022
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,468,320	—	%	$	2,047,263
Demand deposits	3.34		2,973,784		2.02		2,321,748
Savings deposits	0.48		779,885		0.25		1,025,431
Time deposits	4.22		1,153,792		2.07		519,084
Total	2.38	%	$	6,375,781	1.02	%	$	5,913,526

Deposits are insured up to applicable limits set by the Deposit Insurance Fund of the FDIC, which is currently $250 thousand per account owner. The aggregate amount of time deposits in denominations over $250 thousand was $187.0 million at December 31, 2023 and $95.0 million at December 31, 2022.

At December 31, 2023, the scheduled maturities of time deposits were as follows:

Year	(Dollars in thousands)	Amount
Due in 2024		$	515,980
Due in 2025		366,050
Due in 2026		69,198
Due in 2027		68,698
Due in 2028		132,277
Thereafter		1,589
Total		$	1,153,792