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Deposits (Tables)
3 Months Ended
Mar. 31, 2018
Deposits [Abstract]  
Summary of Outstanding Balance of Deposits and Average Rates

The following table summarizes the outstanding balance of deposits and average rates paid thereon as of:

 

 

 

March 31, 2018

 

 

December 31, 2017

 

(dollars in thousands)

 

Amount

 

 

Weighted
Average Rate

 

 

Amount

 

 

Weighted
Average Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Demand deposits:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing

 

$

1,170,927

 

 

 

 

 

$

1,097,196

 

 

 

 

Interest-bearing

 

 

353,080

 

 

 

0.678

%

 

 

235,294

 

 

 

0.411

%

Money market and savings

 

 

1,074,814

 

 

 

0.868

%

 

 

1,210,240

 

 

 

0.840

%

Certificates of deposits

 

 

1,037,371

 

 

 

1.419

%

 

 

900,797

 

 

 

1.189

%

Total

 

$

3,636,192

 

 

 

0.727

%

 

$

3,443,527

 

 

 

0.634

%