DEPOSITS

6 Months Ended

Jun. 30, 2024

DEPOSITS

DEPOSITS

NOTE 10: DEPOSITS

	Weighted Average	June 30,		December 31,
	Interest Rate	2024		2023
		(In Thousands, Except Interest Rates)
Non-interest-bearing accounts	—	$	870,242	$	895,496
Interest-bearing checking and savings accounts	1.73% and 1.67%		2,191,015		2,216,482
			3,061,257		3,111,978
Certificate accounts	0.00% - 0.99%		64,746		86,831
	1.00% - 1.99%		24,947		22,485
	2.00% - 2.99%		4,683		44,354
	3.00% - 3.99%		41,630		46,304
	4.00% - 4.99%		745,352		739,645
	5.00% and above		2,656		8,583
			884,014		948,202
Brokered deposits	5.12% and 5.20%		670,024		661,528
			670,024		661,528
		$	4,615,295	$	4,721,708

The Bank utilizes brokered deposits as an additional funding source. The aggregate amount of brokered deposits was approximately $670.0 million and $661.5 million at June 30, 2024 and December 31, 2023, respectively. At June 30, 2024 and December 31, 2023, brokered deposits included $300.0 million of purchased funds through the IntraFi Financial network. These IntraFi Financial deposits have a rate of interest that floats daily with an index of effective federal funds rate plus a spread. At June 30, 2024, there were brokered deposits totaling $185.1 million that had fixed rates of interest but were callable at the Bank’s discretion. At June 30, 2024, approximately 32% of the Company’s total deposits were uninsured, when including deposit accounts of consolidated subsidiaries of

the Company and collateralized deposits of unaffiliated entities. Excluding deposit accounts of the Company’s consolidated subsidiaries, approximately 14% of the Company’s total deposits were uninsured at June 30, 2024.