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DEPOSITS
3 Months Ended
Mar. 31, 2022
Deposits [Abstract]  
DEPOSITS

5.  DEPOSITS

Certificates of deposit that met or exceeded $250,000 totaled $131.5 million and $140.4 million at March 31, 2022 and December 31, 2021, respectively.  These totals excluded brokered certificates of deposit.

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

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing demand deposits

 

$

1,023,208

 

 

 

18.99

%

 

$

956,482

 

 

 

18.16

%

Interest-bearing checking (1)

 

 

2,362,987

 

 

 

43.86

 

 

 

2,287,894

 

 

 

43.45

 

Savings

 

 

162,116

 

 

 

3.01

 

 

 

154,914

 

 

 

2.94

 

Money market

 

 

1,304,017

 

 

 

24.21

 

 

 

1,307,051

 

 

 

24.82

 

Certificates of deposit - retail

 

 

384,909

 

 

 

7.14

 

 

 

409,608

 

 

 

7.78

 

Certificates of deposit - listing service

 

 

31,348

 

 

 

0.58

 

 

 

31,382

 

 

 

0.60

 

Subtotal deposits

 

 

5,268,585

 

 

 

97.79

 

 

 

5,147,331

 

 

 

97.75

 

Interest-bearing demand - Brokered

 

 

85,000

 

 

 

1.58

 

 

 

85,000

 

 

 

1.61

 

Certificates of deposit - Brokered

 

 

33,831

 

 

 

0.63

 

 

 

33,818

 

 

 

0.64

 

Total deposits

 

$

5,387,416

 

 

 

100.00

%

 

$

5,266,149

 

 

 

100.00

%

 

(1)

Interest-bearing checking includes $665.0 million at March 31, 2022 and $647.8 million at December 31, 2021 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace program.

 

The scheduled maturities of certificates of deposit, including brokered certificates of deposit, as of March 31, 2022, are as follows:

(In thousands)

 

 

 

 

2022

 

$

294,833

 

2023

 

 

80,394

 

2024

 

 

34,021

 

2025

 

 

29,271

 

2026

 

 

11,027

 

Over 5 Years

 

 

542

 

Total

 

$

450,088