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Deposits
12 Months Ended
Dec. 31, 2023
Banking and Thrift, Interest [Abstract]  
Deposits

Note 8. Deposits

 

The following table presents a detail of deposits at December 31, 2023 and 2022:

 

 

December 31,

 

($ in thousands)

2023

 

2022

 

Noninterest-bearing deposits

$

11,030,515

 

$

13,645,113

 

Interest-bearing retail transaction and savings deposits

 

10,680,741

 

 

10,757,495

 

Interest-bearing public fund deposits

 

 

 

 

Public fund transaction and savings deposits

 

3,069,341

 

 

3,132,828

 

Public fund time deposits

 

73,674

 

 

111,397

 

Total interest-bearing public fund deposits

 

3,143,015

 

 

3,244,225

 

Retail time deposits

 

4,246,027

 

 

1,418,596

 

Brokered time deposits

 

589,761

 

 

4,920

 

Total interest-bearing deposits

 

18,659,544

 

 

15,425,236

 

Total deposits

$

29,690,059

 

$

29,070,349

 

The maturity of time deposits at December 31, 2023 follows.

 

 

 

 

($ in thousands)

 

 

2024

$

4,835,794

 

2025

 

38,893

 

2026

 

16,814

 

2027

 

10,972

 

2028

 

6,146

 

Thereafter

 

843

 

Total time deposits

$

4,909,462

 

 

Certificates of deposit in amounts greater than or equal to $250,000 totaled approximately $1.6 billion at December 31, 2023.