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DEPOSITS (Tables)
3 Months Ended
Mar. 31, 2020
Deposits [Abstract]  
Summary of Deposit Balances [Table Text Block]

The following table summarizes deposit balances as of the dates indicated:

 

March 31,

 

 

December 31,

 

2020

 

2019

(In thousands)

 

 

 

 

 

Type of account:

 

 

 

 

 

Non-interest-bearing checking accounts

$

2,404,932

 

$

2,367,856

Interest-bearing savings accounts

 

2,584,201

 

 

2,437,345

Interest-bearing checking accounts

 

1,424,261

 

 

1,412,390

Certificates of deposit

 

2,696,967

 

 

2,695,749

Brokered certificates of deposit (CDs)

 

451,952

 

 

435,089

Total

$

9,562,313

 

$

9,348,429

Brokered Certificates Of Deposit Mature [Table Text Block]

 

Brokered CDs mature as follows:

 

 

 

 

 

 

 

 

March 31, 2020

 

(In thousands)

 

 

 

 

 

 

 

Three months or less

 

$

88,696

 

Over three months to six months

 

 

87,276

 

Over six months to one year

 

 

114,110

 

Over one year to three years

 

 

126,651

 

Over three years to five years

 

 

29,268

 

Over five years

 

 

5,951

 

Total

 

$

451,952

Components of Interest Expense on Deposits [Table Text Block]

The following were the components of interest expense on deposits for the indicated periods:

 

 

 

 

 

 

 

Quarter Ended

 

March 31,

 

 

March 31,

 

2020

 

 

2019

(In thousands)

 

Interest expense on deposits

$

19,497

 

$

17,305

Accretion of premium from acquisition

 

(1)

 

 

(2)

Amortization of broker placement fees

 

158

 

 

189

Interest expense on deposits

$

19,654

 

$

17,492