Deposits

6 Months Ended

Jun. 30, 2024

Deposits [Abstract]

Deposits

Deposits

Deposits and their respective weighted average interest rate at June 30, 2024 and December 31, 2023 consisted of the following:

	At June 30, 2024				At December 31, 2023
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,397,308	—	%	$	1,468,320
Demand deposits	3.38		2,872,129		3.34		2,973,784
Savings deposits	0.55		768,147		0.48		779,885
Time deposits	4.49		1,457,738		4.22		1,153,792
Total	2.57	%	$	6,495,322	2.38	%	$	6,375,781

Deposits are insured up to applicable limits by the Deposit Insurance Fund of the FDIC, which is currently $250 thousand per account owner. The aggregate amount of time deposits in denominations over $250 thousand was $283.8 million at June 30, 2024 and $187.0 million at December 31, 2023.

At June 30, 2024, the scheduled maturities of time deposits were as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2024		$	381,100
2025		679,370
2026		82,382
2027		129,811
2028		146,375
Thereafter		38,700
Total		$	1,457,738