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DEPOSITS (Tables)
9 Months Ended
Sep. 30, 2021
Deposits [Abstract]  
Summary of Deposit Balances [Table Text Block]

The following table summarizes deposit balances as of the indicated dates:

 

 

September 30,

 

December 31,

 

 

2021

 

2020

(In thousands)

 

Type of account:

 

 

 

 

 

Non-interest-bearing deposit accounts

$

7,097,313

 

$

4,546,123

Interest-bearing saving accounts

 

4,657,671

 

 

4,088,969

Interest-bearing checking accounts

 

3,550,456

 

 

3,651,806

Certificates of deposit ("CDs")

 

2,570,652

 

 

2,814,313

Brokered CDs

 

108,566

 

 

216,172

 

Total

$

17,984,658

 

$

15,317,383

 

 

 

 

 

 

 

Brokered Certificates Of Deposit Mature [Table Text Block]

Brokered CDs mature as follows:

 

 

September 30,

 

 

2021

(In thousands)

 

 

 

 

 

Three months or less

$

8,187

Over three months to six months

 

14,662

Over six months to one year

 

40,621

Over one year to three years

 

31,434

Over three years to five years

 

13,662

 

Total

$

108,566

 

 

Components of Interest Expense on Deposits [Table Text Block]

The following were the components of interest expense on deposits for the indicated periods:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Nine-Month Period Ended

 

 

September 30,

 

September 30,

 

 

2021

 

 

2020

 

2021

 

 

2020

(In thousands)

 

 

 

Interest expense on deposits

$

9,876

 

$

16,245

 

$

33,718

 

$

52,587

Accretion of premiums from acquisitions

 

(243)

 

 

(284)

 

 

(1,089)

 

 

(285)

Amortization of broker placement fees

 

49

 

 

127

 

 

177

 

 

437

 

Total interest expense on deposits

$

9,682

 

$

16,088

 

$

32,806

 

$

52,739