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DEPOSITS (Tables)
6 Months Ended
Jun. 30, 2021
Deposits [Abstract]  
Schedule of Details of Total Deposits

The following table sets forth the details of total deposits as of June 30, 2021 and December 31, 2020:

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing demand deposits

 

$

959,494

 

 

 

19.60

%

 

$

833,500

 

 

 

17.30

%

Interest-bearing checking (1)

 

 

1,978,497

 

 

 

40.41

 

 

 

1,849,254

 

 

 

38.38

 

Savings

 

 

147,227

 

 

 

3.01

 

 

 

130,731

 

 

 

2.71

 

Money market

 

 

1,213,992

 

 

 

24.80

 

 

 

1,298,885

 

 

 

26.96

 

Certificates of deposit - retail

 

 

446,143

 

 

 

9.11

 

 

 

530,222

 

 

 

11.00

 

Certificates of deposit - listing service

 

 

31,631

 

 

 

0.64

 

 

 

32,128

 

 

 

0.67

 

Subtotal deposits

 

 

4,776,984

 

 

 

97.57

 

 

 

4,674,720

 

 

 

97.02

 

Interest-bearing demand - Brokered

 

 

85,000

 

 

 

1.74

 

 

 

110,000

 

 

 

2.28

 

Certificates of deposit - Brokered

 

 

33,791

 

 

 

0.69

 

 

 

33,764

 

 

 

0.70

 

Total deposits

 

$

4,895,775

 

 

 

100.00

%

 

$

4,818,484

 

 

 

100.00

%

 

(1)

Interest-bearing checking includes $668.1 million at June 30, 2021 and $652.5 million at December 31, 2020 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, 2021 are as follows:

 

(In thousands)

 

 

 

 

2021

 

$

237,388

 

2022

 

 

197,419

 

2023

 

 

13,030

 

2024

 

 

28,030

 

2025

 

 

29,167

 

Over 5 Years

 

 

6,531

 

Total

 

$

511,565