Deposits

9 Months Ended

Sep. 30, 2023

Deposits

Deposits

7. Deposits

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

(dollars in thousands)	September 30, 2023		December 31, 2022
U.S.:
Interest-bearing	$	12,667,072	$	11,936,775
Noninterest-bearing		6,931,032		7,978,046
Foreign:
Interest-bearing		945,421		887,608
Noninterest-bearing		967,964		886,600
Total deposits	$	21,511,489	$	21,689,029

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

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	202,932	$	1,093,989	$	1,296,921
Over three through six months		268,176		540,418		808,594
Over six through twelve months		785,036		496,157		1,281,193
One to two years		114,912		57,576		172,488
Two to three years		41,313		7,422		48,735
Three to four years		26,248		5,529		31,777
Four to five years		17,012		3,452		20,464
Thereafter		313		646		959
Total	$	1,455,942	$	2,205,189	$	3,661,131

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $2.2 billion and $1.5 billion as of September 30, 2023 and December 31, 2022, respectively. Overdrawn deposit accounts are classified as loans and totaled $2.0 million and $2.5 million as of September 30, 2023 and December 31, 2022, respectively.