Summary of Deposits |
The following table presents a summary of deposits: | | | | | | | | | (Dollars in thousands) | September 30, 2024 | December 31, 2023 | Noninterest-bearing: | | | Noninterest-bearing demand deposits | $665,706 | | $693,746 | | Interest-bearing: | | | Interest-bearing demand deposits | 596,319 | | 504,959 | | NOW accounts | 685,531 | | 767,036 | | Money market accounts | 1,146,426 | | 1,096,959 | | Savings accounts | 490,285 | | 497,223 | | Time deposits (1) | 1,587,623 | | 1,788,237 | | Total interest-bearing deposits | 4,506,184 | | 4,654,414 | | Total deposits | $5,171,890 | | $5,348,160 | |
(1)Includes wholesale brokered time deposit balances of $380.0 million and $654.1 million, respectively, as of September 30, 2024 and December 31, 2023.
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Schedule of Time Certificates of Deposit Maturities |
The following table presents scheduled maturities of time certificates of deposit: | | | | | | | | | (Dollars in thousands) | Scheduled Maturity | Weighted Average Rate | October 1, 2024 to December 31, 2024 | $566,377 | | 4.41 | % | 2025 | 860,815 | | 4.46 | | 2026 | 99,877 | | 3.18 | | 2027 | 31,043 | | 3.27 | | 2028 | 24,627 | | 3.69 | | 2029 and thereafter | 4,884 | | 2.75 | | Balance at September 30, 2024 | $1,587,623 | | 4.32 | % |
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