Deposits (Tables)

12 Months Ended

Dec. 31, 2022

Deposits [Abstract]

Summary of Deposits

As of December 31, 2022 and 2021, deposits consisted of the following (in thousands):

	2022		2021
Demand deposits:
Non-interest bearing	$	1,256,514	$	1,246,673
Interest-bearing		1,389,283		1,452,765
Savings		636,699		626,523
Money market		1,267,726		1,068,473
Time deposits		706,779		562,052
Total deposits	$	5,257,001	$	4,956,486

Summary of Interest Expense on Deposits

Total interest expense on deposits for the years ended December 31, 2022, 2021, and 2020 was as follows (in thousands):

	2022		2021		2020
Interest-bearing demand	$	4,315	$	1,547	$	1,462
Savings		570		487		426
Money market		9,394		2,711		2,270
Time deposits		4,534		4,292		8,593
Total	$	18,813	$	9,037	$	12,751

Summary of Aggregate Amount of Time Deposits more than 100,000

As of December 31, 2022, 2021, and 2020, the aggregate amount of time deposits in denominations of more than $250,000 was as follows (in thousands):

	2022		2021		2020
Time deposit balances in denominations of more than $250,000	$	138,056	$	117,887	$	98,277

Summary of Maturities for All Time Deposits

The following table shows the amount of maturities for all time deposits as of December 31, 2022 (in thousands):

Less than 1 year	$	409,987
1 year to 2 years		200,771
2 years to 3 years		32,568
3 years to 4 years		15,970
4 years to 5 years		47,126
Over 5 years		357
Total	$	706,779