Deposits (Tables)

12 Months Ended

Dec. 31, 2022

Deposits [Abstract]

Schedule of Deposits

The following table summarizes total deposits at December 31, 2022 and 2021.

As of December 31, (dollars in thousands)	2022		2021
Deposits - interest bearing	$	21,446,647	$	20,826,692
Deposits - non-interest bearing	1,424		1,432
Total deposits	$	21,448,071	$	20,828,124

Schedule of Interest Bearing Deposits

Interest bearing deposits at December 31, 2022 and 2021 are summarized as follows:

 

	2022				2021
As of December 31, (dollars in thousands)	Amount		Year-End Weighted Average Stated Rate(1)		Amount		Year-End Weighted Average Stated Rate(1)
Money market	$	10,977,242	3.75	%	$	10,473,569	0.69	%
Savings	982,586		3.15		959,122		0.43
Certificates of deposit	9,486,819		2.57		9,394,001		1.20
Deposits - interest bearing	$	21,446,647			$	20,826,692

        (1) Includes the effect of interest rate swaps in effective hedge relationships.

Schedule of Maturities of Time Deposits

Certificates of deposit remaining maturities are summarized as follows:

As of December 31, (dollars in thousands)	2022		2021
One year or less	$	3,224,573	$	4,407,370
After one year to two years	2,954,257		2,297,955
After two years to three years	1,904,919		1,299,461
After three years to four years	1,031,881		299,737
After four years to five years	324,375		1,042,065
After five years	46,814		47,413
Total	$	9,486,819	$	9,394,001