XML 32 R18.htm IDEA: XBRL DOCUMENT v3.20.4
Deposits
12 Months Ended
Dec. 31, 2020
Deposits [Abstract]  
Deposits Deposits
The following is a summary of deposits at December 31, 2020 and 2019:
(Dollars in thousands)20202019
Balance:
Non-interest bearing$11,748,455 $7,216,758 
NOW and interest-bearing demand deposits3,349,021 3,093,159 
Wealth management deposits4,138,712 3,123,063 
Money market9,348,806 7,854,189 
Savings3,531,029 3,196,698 
Time certificates of deposit4,976,628 5,623,271 
Total deposits
$37,092,651 $30,107,138 
Mix:
Non-interest bearing32 %24 %
NOW and interest-bearing demand deposits9 10 
Wealth management deposits11 10 
Money market25 26 
Savings10 11 
Time certificates of deposit13 19 
Total deposits
100 %100 %

Wealth management deposits represent deposit balances of the Company’s subsidiary banks from brokerage customers of Wintrust Investments, CDEC, trust and asset management customers of the Company and brokerage customers from unaffiliated companies which have been placed into deposit accounts.

The scheduled maturities of time certificates of deposit at December 31, 2020 and 2019 are as follows:
(Dollars in thousands)20202019
Due within one year$3,907,724 $3,420,207 
Due in one to two years853,915 2,024,189 
Due in two to three years170,052 114,103 
Due in three to four years28,896 37,743 
Due in four to five years15,233 26,239 
Due after five years808 790 
Total time certificate of deposits
$4,976,628 $5,623,271 

The following table sets forth the scheduled maturities of time deposits in denominations of $100,000 or more at December 31, 2020 and 2019:
(Dollars in thousands)20202019
Maturing within three months$584,956 $756,974 
After three but within six months913,216 893,023 
After six but within 12 months1,156,401 728,255 
After 12 months701,993 1,466,201 
Total
$3,356,566 $3,844,453 

Time deposits in denominations of $250,000 or more were $1.6 billion and $1.7 billion at December 31, 2020 and 2019, respectively.