Deposits

6 Months Ended

Jun. 30, 2023

Deposits

Deposits

7. Deposits

As of June 30, 2023 and December 31, 2022, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	June 30, 2023		December 31, 2022
U.S.:
Interest-bearing	$	12,048,400	$	11,936,775
Noninterest-bearing		7,297,964		7,978,046
Foreign:
Interest-bearing		863,139		887,608
Noninterest-bearing		868,663		886,600
Total deposits	$	21,078,166	$	21,689,029

The following table presents the maturity distribution of time certificates of deposit as of June 30, 2023:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	164,863	$	998,187	$	1,163,050
Over three through six months		182,710		666,817		849,527
Over six through twelve months		563,473		407,484		970,957
One to two years		149,667		50,631		200,298
Two to three years		49,772		13,239		63,011
Three to four years		30,798		3,682		34,480
Four to five years		19,437		6,656		26,093
Thereafter		356		—		356
Total	$	1,161,076	$	2,146,696	$	3,307,772

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $2.1 billion and $1.5 billion as of June 30, 2023 and December 31, 2022, respectively. Overdrawn deposit accounts are classified as loans and totaled $3.6 million and $2.5 million as of June 30, 2023 and December 31, 2022, respectively.