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Bank Deposits (Tables)
3 Months Ended
Mar. 31, 2023
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]  
Schedule of Deposits

Deposits consist of interest-bearing demand deposits (primarily money market and savings accounts), non-interest bearing demand deposits, and certificates of deposit. Deposits at March 31, 2023 and December 31, 2022 were as follows (in thousands):

 

 

March 31, 2023

 

 

December 31,
2022

 

Demand deposits (interest-bearing)

 

$

27,862,336

 

 

$

26,805,073

 

Demand deposits (non-interest-bearing)

 

 

456,091

 

 

 

305,138

 

Certificates of deposit

 

 

6,900

 

 

 

6,900

 

 

 

$

28,325,327

 

 

$

27,117,111

 

Schedule of Maturities of Certificates of Deposit

Scheduled maturities of certificates of deposit at March 31, 2023 and December 31, 2022 were as follows (in thousands):

 

 

March 31, 2023

 

 

December 31,
2022

 

Certificates of deposit, less than $100,000:

 

 

 

 

 

 

Within one year

 

$

11

 

 

$

11

 

One to three years

 

 

5

 

 

 

5

 

Three to five years

 

 

 

 

 

 

 

 

$

16

 

 

$

16

 

Certificates of deposit, $100,000 and greater:

 

 

 

 

 

 

Within one year

 

$

6,884

 

 

$

6,884

 

One to three years

 

 

 

 

 

 

Three to five years

 

 

 

 

 

 

 

 

 

6,884

 

 

 

6,884

 

 

 

$

6,900

 

 

$

6,900