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Deposits (Tables)
3 Months Ended
Mar. 31, 2023
Deposits [Abstract]  
Composition of Deposits

The composition of deposits was as follows as of March 31, 2023 and December 31, 2022:

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Non-interest-bearing demand deposits

 

$

1,952,045

 

 

$

2,138,645

 

Interest-bearing checking accounts

 

 

560,837

 

 

 

592,098

 

Money market demand accounts

 

 

1,453,688

 

 

 

1,415,653

 

Other savings

 

 

590,231

 

 

 

625,798

 

Time deposits (below $250,000)

 

 

1,089,785

 

 

 

762,250

 

Time deposits ($250,000 and above)

 

 

166,066

 

 

 

160,677

 

Total deposits

 

$

5,812,652

 

 

$

5,695,121

 

Schedule of Maturities of Time Deposits

At March 31, 2023, the scheduled maturities of time deposits were:

 

 

Scheduled Maturities

 

2023

 

$

905,863

 

2024

 

 

324,165

 

2025

 

 

13,798

 

2026

 

 

6,925

 

2027 and thereafter

 

 

5,100

 

Total

 

$

1,255,851