DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2023

Deposits [Abstract]

Composition of Deposits

The following table presents the composition of deposits at December 31 for the years indicated:

(In thousands)	2023		2022
Noninterest-bearing deposits	$	2,914,161	$	3,673,300
Interest-bearing deposits:
Demand	1,463,679		1,435,454
Money market savings	2,628,918		3,213,045
Regular savings	1,275,225		513,360
Time deposits of less than $250,000	2,068,259		1,644,645
Time deposits of $250,000 or more	646,296		473,617
Total interest-bearing deposits	8,082,377		7,280,121
Total deposits	$	10,996,538	$	10,953,421

Maturity Schedule for Time Deposits

The following table presents the maturity schedule for time deposits maturing within years ending December 31:

(In thousands)	Amount
2024	$	1,909,245
2025	645,952
2026	106,261
2027	27,126
2028	25,971
Thereafter	—
Total time deposits	$	2,714,555

Months to Maturities of Time Deposits

The Company's time deposits of less than $250,000 represented 18.8% of total deposits and time deposits of $250,000 or more represented 5.9% of total deposits at December 31, 2023 and are presented by maturity in the following table:

	Months to Maturity
(In thousands)	3 or Less		Over 3 to 6		Over 6 to 12		Over 12		Total
Time deposits - less than $250,000	$	538,756	$	352,123	$	510,001	$	667,379	$	2,068,259
Time deposits - $250,000 or more	$	192,353	$	220,943	$	95,069	$	137,931	$	646,296