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Deposits (Tables)
9 Months Ended
Sep. 30, 2020
Deposits [Abstract]  
Composition of Deposits

The composition of deposits was as follows as of September 30, 2020 and December 31, 2019:

 

 

 

September 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Non-interest-bearing demand deposits

 

$

1,718,682

 

 

$

1,279,641

 

Interest-bearing checking accounts

 

 

584,682

 

 

 

338,185

 

Money market demand accounts

 

 

1,153,433

 

 

 

881,387

 

Other savings

 

 

542,741

 

 

 

475,839

 

Time deposits (below $250,000)

 

 

622,328

 

 

 

916,723

 

Time deposits ($250,000 and above)

 

 

188,379

 

 

 

255,802

 

Total deposits

 

$

4,810,245

 

 

$

4,147,577