Deposits

3 Months Ended

Mar. 31, 2024

Deposits [Abstract]

Deposits

Deposits

Deposits consist of the following categories as of the dates indicated:

(dollars in thousands)	March 31, 2024				December 31, 2023
	Balance		%		Balance		%
Noninterest-bearing demand	$	1,200,680	23.15	%	$	1,258,037	23.36	%
Interest-bearing:
Demand	1,101,954		21.26	%	1,165,546		21.64	%
Money market deposits	1,358,205		26.20	%	1,430,603		26.56	%
Savings	354,098		6.83	%	347,324		6.45	%
Certificates of deposit	1,169,342		22.56	%	1,184,610		21.99	%
Total interest-bearing	3,983,599		76.85	%	4,128,083		76.64	%
Total Deposits	$	5,184,279	100.00	%	$	5,386,120	100.00	%

At March 31, 2024, the scheduled contractual maturities of certificates of deposit are as follows:

(dollars in thousands)	March 31, 2024
Within one year	$	1,023,551
Year 2	111,651
Year 3	16,812
Year 4	11,048
Year 5	6,276
Thereafter	4
	$	1,169,342

The aggregate amount of certificates of deposit that met or exceeded the FDIC insurance limit of $250,000 at March 31, 2024 and December 31, 2023 was $371.0 million and $354.6 million, respectively.