Deposits

12 Months Ended

Dec. 31, 2019

Banking and Thrift [Abstract]

DEPOSITS

12. DEPOSITS

The following table is a summary of our deposits by category:

	December 31,
(Dollars in thousands)	2019		2018
Noninterest-bearing:
Noninterest-bearing demand	$	2,189,573	$	1,626,252
Total noninterest-bearing	$	2,189,573	$	1,626,252
Interest-bearing:
Interest-bearing demand	$	2,129,725	$	1,062,228
Savings	1,563,000		538,213
Money market	2,100,188		1,542,962
Customer time deposits	1,356,610		672,942
Brokered deposits	247,761		197,834
Total interest-bearing	$	7,397,284	$	4,014,179
Total deposits	$	9,586,857	$	5,640,431

The following table is a summary of the remaining time to maturity for customer time deposits:

	December 31,
(Dollars in thousands)	2019		2018
Certificates of deposit (not jumbo):
Less than one year	$	497,148	$	228,045
One year to two years	140,943		94,488
Two years to three years	36,814		14,441
Three years to four years	39,352		4,048
Over four years	23,192		5,927
Total certificates of deposit (not jumbo)	$	737,449	$	346,949
Jumbo certificates of deposit (1)
Less than one year	$	431,242	$	223,798
One year to two years	110,851		91,486
Two years to three years	16,590		5,957
Three years to four years	31,584		2,399
Over four years	28,894		2,353
Total jumbo certificates of deposit	619,161		325,993
Total certificates of deposit	$	1,356,610	$	672,942

⁽¹⁾Represents certificates of deposit balances in excess of $0.1 million from individuals, businesses and municipalities.

The following table is a summary of interest expense on deposits by category:

	Year Ended December 31,
(Dollars in thousands)	2019		2018		2017
Interest-bearing demand	$	8,794	$	4,523	$	2,211
Money market	18,169		9,854		4,690
Savings	7,053		1,030		1,017
Time deposits	19,642		8,591		4,806
Total customer interest expense	$	53,658	$	23,998	$	12,724
Brokered deposits	6,417		5,070		2,180
Total interest expense on deposits	$	60,075	$	29,068	$	14,904