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Deposits (Tables)
9 Months Ended
Sep. 30, 2023
Deposits [Abstract]  
Schedule of composition of deposits
The composition of Busey’s deposits is as follows (dollars in thousands):
As of
September 30,
2023
December 31,
2022
Deposits
Noninterest-bearing demand deposits$2,918,574 $3,393,666 
Interest-bearing transaction deposits2,856,192 2,857,818 
Saving deposits and money market deposits2,890,944 2,964,421 
Time deposits1,666,652 855,375 
Total deposits$10,332,362 $10,071,280 
Additional information about Busey’s deposits follows (dollars in thousands):
As of
September 30,
2023
December 31,
2022
Brokered savings deposits and money market deposits$6,055 $1,303 
Brokered time deposits283 275 
Aggregate amount of time deposits with a minimum denomination of $100,000
976,513 416,445 
Aggregate amount of time deposits with a minimum denomination that meets or exceeds the FDIC insurance limit of $250,000
350,276 120,377 
Schedule of maturities of time deposits
Scheduled maturities of time deposits are as follows (dollars in thousands):
As of
September 30, 2023
Time deposits by schedule of maturities
Remainder of 2023$251,302 
20241,322,335 
202552,337 
202619,438 
202712,888 
20287,813 
Thereafter539 
Time deposits$1,666,652