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DEPOSITS
12 Months Ended
Dec. 31, 2020
Deposits [Abstract]  
DEPOSITS

6.  DEPOSITS

Time deposits over $250,000 totaled $186.3 million and $223.7 million at December 31, 2020 and 2019, respectively. These totals exclude brokered certificates of deposit.

The following table sets forth the details of total deposits as of December 31:

 

(Dollars in thousands)

 

2020

 

 

2019

 

Noninterest-bearing demand deposits

 

$

833,500

 

 

 

17.30

%

 

$

529,281

 

 

 

12.47

%

Interest-bearing checking (1)

 

 

1,849,254

 

 

 

38.38

 

 

 

1,510,363

 

 

 

35.59

 

Savings

 

 

130,731

 

 

 

2.71

 

 

 

112,652

 

 

 

2.66

 

Money market

 

 

1,298,885

 

 

 

26.96

 

 

 

1,196,313

 

 

 

28.19

 

Certificates of deposit - retail

 

 

530,222

 

 

 

11.00

 

 

 

633,763

 

 

 

14.94

 

Certificates of deposit - listing service

 

 

32,128

 

 

 

0.67

 

 

 

47,430

 

 

 

1.12

 

Subtotal deposits

 

 

4,674,720

 

 

 

97.02

 

 

 

4,029,802

 

 

 

94.97

 

Interest-bearing demand - Brokered

 

 

110,000

 

 

 

2.28

 

 

 

180,000

 

 

 

4.24

 

Certificates of deposit - Brokered

 

 

33,764

 

 

 

0.70

 

 

 

33,709

 

 

 

0.79

 

Total deposits

 

$

4,818,484

 

 

 

100.00

%

 

$

4,243,511

 

 

 

100.00

%

 

(1) Interest-bearing checking includes $652.5 million at December 31, 2020 and $423.8 million at December 31, 2019 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace programs.

 

 

The scheduled maturities of time deposits as of December 31, 2020 are as follows:

 

(In thousands)

 

 

 

 

2021

 

$

462,402

 

2022

 

 

65,553

 

2023

 

 

10,095

 

2024

 

 

25,234

 

2025

 

 

29,332

 

Over 5 Years

 

 

3,498

 

Total

 

$

596,114