XML 42 R18.htm IDEA: XBRL DOCUMENT v3.24.0.1
Deposits
12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Deposits
10.
Deposits

The following schedule sets forth interest expense by type of deposit:

 

 

 

Years Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(In Thousands)

 

Checking and money market accounts

 

$

62,295

 

 

$

14,927

 

 

$

4,754

 

Savings accounts

 

 

182

 

 

 

174

 

 

 

172

 

Certificates of deposit

 

 

59,930

 

 

 

9,808

 

 

 

8,556

 

Totals

 

$

122,407

 

 

$

24,909

 

 

$

13,482

 

 

A summary of deposit balances is as follows:

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(In Thousands)

 

Noninterest-bearing checking accounts

 

$

1,591,979

 

 

$

1,869,509

 

Interest-bearing checking and money market accounts

 

 

3,177,369

 

 

 

3,185,440

 

Savings deposits

 

 

678,076

 

 

 

798,003

 

Retail certificates of deposit less than $250,000

 

 

827,479

 

 

 

645,318

 

Retail certificates of deposit greater than and equal to $250,000

 

 

526,199

 

 

 

264,741

 

Brokered deposits

 

 

341,944

 

 

 

143,708

 

Totals

 

$

7,143,046

 

 

$

6,906,719

 

 

Included in total deposits above are related-party deposits of $7.7 million and $11.6 million at December 31, 2023 and 2022, respectively.

 

Scheduled maturities of certificates of deposit and brokered deposits at December 31, 2023, are as follows (in thousands):

 

2024

 

$

1,579,737

 

2025

 

 

81,681

 

2026

 

 

17,858

 

2027

 

 

8,728

 

2028

 

 

7,484

 

Thereafter

 

 

134

 

Total

 

$

1,695,622