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DEPOSITS (Tables)
6 Months Ended
Jun. 30, 2019
Deposits [Abstract]  
Schedule of deposit liabilities

The following table sets forth the details of total deposits as of June 30, 2019 and December 31, 2018:

 

 

 

June 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing demand deposits

 

$

544,431

 

 

 

13.29

%

 

$

463,926

 

 

 

11.91

%

Interest-bearing checking (1)

 

 

1,388,821

 

 

 

33.91

 

 

 

1,247,305

 

 

 

32.02

 

Savings

 

 

112,438

 

 

 

2.75

 

 

 

114,674

 

 

 

2.94

 

Money market

 

 

1,207,358

 

 

 

29.48

 

 

 

1,243,369

 

 

 

31.92

 

Certificates of deposit - retail

 

 

570,384

 

 

 

13.93

 

 

 

510,724

 

 

 

13.12

 

Certificates of deposit - listing service

 

 

58,541

 

 

 

1.43

 

 

 

79,195

 

 

 

2.03

 

Subtotal deposits

 

 

3,881,973

 

 

 

94.79

 

 

 

3,659,193

 

 

 

93.94

 

Interest-bearing demand - Brokered

 

 

180,000

 

 

 

4.39

 

 

 

180,000

 

 

 

4.62

 

Certificates of deposit - Brokered

 

 

33,682

 

 

 

0.82

 

 

 

56,147

 

 

 

1.44

 

Total deposits

 

$

4,095,655

 

 

 

100.00

%

 

$

3,895,340

 

 

 

100.00

%

 

(1)

Interest-bearing checking includes $453.1 million at June 30, 2019 and $434.5 million at December 31, 2018 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace program.

Schedule of maturities of time deposits

 

The scheduled maturities of certificates of deposit, including brokered certificates of deposit, as of June 30, 2019 are as follows:

 

(In thousands)

 

 

 

 

2019

 

$

228,856

 

2020

 

 

270,032

 

2021

 

 

65,373

 

2022

 

 

36,185

 

2023

 

 

11,600

 

Over 5 Years

 

 

50,561

 

Total

 

$

662,607