Deposits by Category, Including Summary of Remaining Time to Maturity for Time Deposits |
The following table is a summary of the Company's deposits by category: | | | | | | | | | | | | | | | | | December 31, | (Dollars in thousands) | | 2020 | | 2019 | Noninterest-bearing: | | | | | Noninterest-bearing demand | | $ | 3,415,021 | | | $ | 2,189,573 | | Total noninterest-bearing | | $ | 3,415,021 | | | $ | 2,189,573 | | Interest-bearing: | | | | | Interest-bearing demand | | $ | 2,635,740 | | | $ | 2,129,725 | | Savings | | 1,774,332 | | | 1,563,000 | | Money market | | 2,654,439 | | | 2,100,188 | | Customer time deposits | | 1,158,845 | | | 1,356,610 | | Brokered deposits | | 218,287 | | | 247,761 | | Total interest-bearing | | $ | 8,441,643 | | | $ | 7,397,284 | | Total deposits | | $ | 11,856,664 | | | $ | 9,586,857 | |
The following table is a summary of the remaining time to maturity for customer time deposits: | | | | | | | | | | | | | | | | | December 31, | (Dollars in thousands) | | 2020 | | 2019 | Certificates of deposit (not jumbo): | | | | | Less than one year | | $ | 468,729 | | | $ | 497,148 | | One year to two years | | 116,541 | | | 140,943 | | Two years to three years | | 51,477 | | | 36,814 | | Three years to four years | | 28,105 | | | 39,352 | | Over four years | | 9,545 | | | 23,192 | | Total certificates of deposit (not jumbo) | | $ | 674,397 | | | $ | 737,449 | | Jumbo certificates of deposit (1) | | | | | Less than one year | | $ | 349,396 | | | $ | 431,242 | | One year to two years | | 66,030 | | | 110,851 | | Two years to three years | | 35,830 | | | 16,590 | | Three years to four years | | 30,682 | | | 31,584 | | Over four years | | 2,510 | | | 28,894 | | Total jumbo certificates of deposit | | $ | 484,448 | | | $ | 619,161 | | Total certificates of deposit | | $ | 1,158,845 | | | $ | 1,356,610 | |
(1)Represents certificates of deposit balances in excess of $0.1 million from individuals, businesses and municipalities.
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Interest Expense on Deposits by Category, Followed on Deposits |
The following table is a summary of interest expense on deposits by category: | | | | | | | | | | | | | | | | | | | Year Ended December 31, | (Dollars in thousands) | 2020 | | 2019 | | 2018 | Interest-bearing demand | $ | 4,229 | | | $ | 8,794 | | | $ | 4,523 | | Money market | 9,423 | | | 18,169 | | | 9,854 | | Savings | 3,518 | | | 7,053 | | | 1,030 | | Time deposits | 18,699 | | | 19,642 | | | 8,591 | | Total customer interest expense | $ | 35,869 | | | $ | 53,658 | | | $ | 23,998 | | Brokered deposits | 3,393 | | | 6,417 | | | 5,070 | | Total interest expense on deposits | $ | 39,262 | | | $ | 60,075 | | | $ | 29,068 | |
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