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Deposit Accounts (Tables)
12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Schedule of components of deposit accounts and weighted average interest rates
Deposit accounts and weighted average interest rates consisted of the following at December 31:
 
 
2019
 
2018
 
 
Amount
 
Weighted
Average
Interest Rate
 
Amount
 
Weighted
Average
Interest Rate
 
 
 (dollars in thousands)
Noninterest-bearing checking
 
$
3,857,660

 
%
 
$
3,495,737

 
%
Interest-bearing checking
 
586,019

 
0.43
%
 
526,088

 
0.38
%
Money market
 
3,171,164

 
0.83
%
 
2,975,578

 
0.89
%
Savings
 
235,824

 
0.16
%
 
250,271

 
0.14
%
Certificates of deposit accounts
 
 

 
 

 
 

 
 

250,000 or less
 
500,331

 
1.59
%
 
569,877

 
1.44
%
Greater than $250,000
 
547,511

 
1.77
%
 
840,800

 
2.12
%
Total certificates of deposit accounts
 
1,047,842

 
1.69
%
 
1,410,677

 
1.84
%
Total deposits
 
$
8,898,509

 
0.53
%
 
$
8,658,351

 
0.63
%

Schedule of aggregate annual maturities of certificates of deposit accounts
The aggregate annual maturities of certificates of deposit accounts at December 31, 2019 are as follows:
 
2019
 
Amount
 
Weighted Average Interest Rate
 
(dollars in thousands)
Within 3 months
$
571,143

 
1.70
%
4 to 6 months
240,132

 
1.87
%
7 to 12 months
138,515

 
1.46
%
13 to 24 months
76,617

 
1.49
%
25 to 36 months
11,182

 
1.24
%
37 to 60 months
9,644

 
1.71
%
Over 60 months
609

 
2.08
%
Total
$
1,047,842

 
1.69
%


Schedule of interest expense on deposit accounts
Interest expense on deposit accounts for the years ended December 31 is summarized as follows:
 
2019
 
2018
 
2017
 
(dollars in thousands)
Checking accounts
$
2,340

 
$
1,167

 
$
365

Money market accounts
28,279

 
19,567

 
6,720

Savings
382

 
357

 
251

Certificates of deposit accounts
27,296

 
16,562

 
6,035

Total
$
58,297

 
$
37,653

 
$
13,371