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Bank Deposits (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024 and December 31, 2023 were as follows (in thousands):

 

 

March 31, 2024

 

 

December 31,
2023

 

Demand deposits (interest-bearing)

 

$

27,357,692

 

 

$

27,111,072

 

Demand deposits (non-interest-bearing)

 

 

196,717

 

 

 

223,505

 

Certificates of deposit

 

 

2

 

 

 

2

 

 

 

$

27,554,411

 

 

$

27,334,579