Deposits (Tables)

6 Months Ended

Jun. 30, 2024

Banking and Thrift, Other Disclosure [Abstract]

Schedule of Deposits

The following table summarizes total deposits at June 30, 2024 and December 31, 2023.

	June 30,		December 31,
(Dollars in thousands)	2024		2023
Deposits - interest-bearing	$	20,741,110	$	21,651,657
Deposits - non-interest-bearing	2,920		1,531
Total deposits	$	20,744,030	$	21,653,188

Schedule of Interest Bearing Deposits

Interest bearing deposits at June 30, 2024 and December 31, 2023 are summarized as follows:

 

	June 30, 2024				December 31, 2023
(Dollars in thousands)	Amount		Qtr.-End Weighted Average Stated Rate(1)		Amount		Year-End Weighted Average Stated Rate(1)
Money market	$	9,485,016	4.64	%	$	10,258,292	4.85	%
Savings	976,727		4.34		945,000		4.35
Certificates of deposit	10,279,367		3.81		10,448,365		3.69
Deposits - interest bearing	$	20,741,110			$	21,651,657

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

Schedule of Certificates of Deposit Maturities

Certificates of deposit remaining maturities are summarized as follows:

(Dollars in thousands)	June 30, 2024		December 31, 2023
One year or less	$	5,441,046	$	3,937,766
After one year to two years	2,876,645		4,112,902
After two years to three years	1,575,845		1,881,371
After three years to four years	258,306		327,295
After four years to five years	127,484		188,802
After five years	41		229
Total	$	10,279,367	$	10,448,365