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Deposits
12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Deposits
Deposits
Year end deposits are summarized in the following table:
 
 
December 31,
 
 
2019
 
2018
 
 
(in thousands)
Demand and other noninterest-bearing
 
$
5,328,146

 
$
5,227,216

Money market (1)
 
2,322,644

 
2,294,125

Interest-bearing demand (1)
 
1,150,437

 
1,084,863

Savings (1)
 
882,050

 
889,849

Interest-bearing public funds, other than certificates of deposit (1)
 
301,203

 
233,938

Certificates of deposit, less than $250,000
 
218,764

 
243,849

Certificates of deposit, $250,000 or more
 
151,995

 
89,473

Certificates of deposit insured by CDARS®
 
17,065

 
23,580

Brokered certificates of deposit
 
12,259

 
57,930

Reciprocal money market accounts
 
300,158

 
313,692

Subtotal
 
10,684,721

 
10,458,515

Valuation adjustment resulting from acquisition accounting
 
(13
)
 
(389
)
Total deposits
 
$
10,684,708

 
$
10,458,126


__________
(1) Beginning in 2019, interest-bearing public funds, other than certificates of deposit, are presented separately in this table. Prior period amounts have been reclassified to conform to current period presentation.
Overdrafts of $3.8 million and $4.0 million were reclassified as loan balances at December 31, 2019 and 2018, respectively.
The following table shows the amount and maturity of time deposits:
 
 
Years Ending December 31,
 
 
(in thousands)
2020
 
$
313,241

2021
 
53,679

2022
 
19,346

2023
 
8,060

2024
 
5,593

Thereafter
 
151

Total
 
$
400,070