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Deposits (Tables)
3 Months Ended
Mar. 31, 2024
Deposits [Abstract]  
Composition of Deposits

The composition of deposits was as follows as of March 31, 2024 and December 31, 2023:

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Non-interest-bearing demand deposits

 

$

1,851,727

 

 

$

1,905,876

 

Interest-bearing checking accounts

 

 

687,142

 

 

 

577,609

 

Money market demand accounts

 

 

2,263,819

 

 

 

2,266,030

 

Other savings

 

 

524,890

 

 

 

542,532

 

Time deposits (below $250,000)

 

 

1,594,290

 

 

 

1,520,082

 

Time deposits ($250,000 and above)

 

 

428,334

 

 

 

364,870

 

Total deposits

 

$

7,350,202

 

 

$

7,176,999

 

Schedule of Maturities of Time Deposits

At March 31, 2024, the scheduled maturities of time deposits were:

 

 

Scheduled Maturities

 

2024

 

$

1,653,993

 

2025

 

 

354,598

 

2026

 

 

8,126

 

2027

 

 

4,689

 

2028

 

 

1,092

 

Thereafter

 

 

126

 

Total

 

$

2,022,624