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DEPOSITS (Tables)
6 Months Ended
Jun. 30, 2022
Deposits [Abstract]  
Schedule of Details of Total Deposits

The following table sets forth the details of total deposits as of June 30, 2022 and December 31, 2021:

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing demand deposits

 

$

1,043,225

 

 

 

19.30

%

 

$

956,482

 

 

 

18.16

%

Interest-bearing checking (1)

 

 

2,456,988

 

 

 

45.47

 

 

 

2,287,894

 

 

 

43.45

 

Savings

 

 

168,441

 

 

 

3.12

 

 

 

154,914

 

 

 

2.94

 

Money market

 

 

1,217,516

 

 

 

22.53

 

 

 

1,307,051

 

 

 

24.82

 

Certificates of deposit - retail

 

 

375,387

 

 

 

6.95

 

 

 

409,608

 

 

 

7.78

 

Certificates of deposit - listing service

 

 

31,348

 

 

 

0.58

 

 

 

31,382

 

 

 

0.60

 

Subtotal deposits

 

 

5,292,905

 

 

 

97.95

 

 

 

5,147,331

 

 

 

97.75

 

Interest-bearing demand - Brokered

 

 

85,000

 

 

 

1.57

 

 

 

85,000

 

 

 

1.61

 

Certificates of deposit - Brokered

 

 

25,963

 

 

 

0.48

 

 

 

33,818

 

 

 

0.64

 

Total deposits

 

$

5,403,868

 

 

 

100.00

%

 

$

5,266,149

 

 

 

100.00

%

 

(1)
Interest-bearing checking includes $627.1 million at June 30, 2022 and $647.8 million at December 31, 2021 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace program.
Scheduled Maturities of Time Deposits

The scheduled maturities of certificates of deposit, including brokered certificates of deposit, as of June 30, 2022, are as follows:

(In thousands)

 

 

 

2022

 

$

176,932

 

2023

 

 

159,720

 

2024

 

 

45,382

 

2025

 

 

39,175

 

2026

 

 

10,778

 

2027 and later

 

 

711

 

Total

 

$

432,698