Deposits (Tables)

12 Months Ended

Dec. 31, 2024

Deposits [Abstract]

Schedule of Deposits

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

As of December 31, (dollars in thousands)	2024		2023
Deposits - interest-bearing	$	21,066,752	$	21,651,657
Deposits - non-interest-bearing	1,816		1,531
Total deposits	$	21,068,568	$	21,653,188

Schedule of Interest Bearing Deposits

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

 

	2024				2023
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	$	9,582,290	4.27	%	$	10,258,292	4.85	%
Savings	944,034		4.02		945,000		4.35
Certificates of deposit	10,540,428		4.20		10,448,365		3.69
Deposits - interest-bearing	$	21,066,752			$	21,651,657

        (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)	2024		2023
One year or less	$	6,569,872	$	3,937,766
After one year to two years	2,074,849		4,112,902
After two years to three years	986,262		1,881,371
After three years to four years	189,421		327,295
After four years to five years	720,005		188,802
After five years	19		229
Total	$	10,540,428	$	10,448,365