DEPOSITS

3 Months Ended

Mar. 31, 2019

Deposits [Abstract]

DEPOSITS [Text Block]

NOTE 15 – DEPOSITS

The following table summarizes deposit balances as of the dates indicated:
	March 31,			December 31,
	2019		2018
(In thousands)
Type of account:
Non-interest bearing checking accounts	$	2,494,787	$	2,395,481
Savings accounts		2,338,499		2,334,949
Interest-bearing checking accounts		1,266,592		1,304,043
Certificates of deposit		2,461,302		2,404,644
Brokered certificates of deposit (CDs)		509,654		555,597
Total	$	9,070,834	$	8,994,714

Brokered CDs mature as follows:
	March 31, 2019
(In thousands)
Three months or less	$	42,895
Over three months to six months		60,691
Over six months to one year		131,339
One to three years		241,669
Three to five years		33,060
Total	$	509,654

The following were the components of interest expense on deposits:
	Quarter Ended
	March 31,			March 31,
	2019			2018
(In thousands)
Interest expense on deposits	$	17,305	$	16,607
Accretion of premium from acquisition		(2)		(3)
Amortization of broker placement fees		189		367
Interest expense on deposits	$	17,492	$	16,971