Deposits

3 Months Ended

Mar. 31, 2023

Deposits

Deposits

7. Deposits

As of March 31, 2023 and December 31, 2022, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	March 31, 2023		December 31, 2022
U.S.:
Interest-bearing	$	11,681,158	$	11,936,775
Noninterest-bearing		7,800,992		7,978,046
Foreign:
Interest-bearing		897,997		887,608
Noninterest-bearing		901,353		886,600
Total deposits	$	21,281,500	$	21,689,029

The following table presents the maturity distribution of time certificates of deposit as of March 31, 2023:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	186,517	$	447,744	$	634,261
Over three through six months		141,036		583,966		725,002
Over six through twelve months		395,557		427,780		823,337
One to two years		185,920		71,394		257,314
Two to three years		57,854		15,888		73,742
Three to four years		36,343		3,925		40,268
Four to five years		24,169		8,444		32,613
Thereafter		865		—		865
Total	$	1,028,261	$	1,559,141	$	2,587,402

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $1.6 billion and $1.5 billion as of March 31, 2023 and December 31, 2022, respectively. Overdrawn deposit accounts are classified as loans and totaled $1.7 million and $2.5 million as of March 31, 2023 and December 31, 2022, respectively.