DEPOSITS

9 Months Ended

Sep. 30, 2020

Deposits [Abstract]

DEPOSITS

NOTE 16 – DEPOSITS

The following table summarizes deposit balances as of the indicated dates:
	September 30,			December 31,
	2020		2019
(In thousands)
Type of account:
Non-interest-bearing deposit accounts	$	4,467,041	$	2,367,856
Interest-bearing saving accounts		4,096,042		2,437,345
Interest-bearing checking accounts		3,477,506		1,412,390
Certificates of deposit (CDs)		2,886,115		2,695,749
Brokered CDs		276,194		435,089
Total	$	15,202,898	$	9,348,429

Brokered CDs mature as follows:
	September 30,
	2020
(In thousands)
Three months or less	$	60,107
Over three months to six months		54,096
Over six months to one year		53,591
Over one year to three years		81,121
Over three years to five years		27,279
Total	$	276,194

The following were the components of interest expense on deposits for the indicated periods:
	Quarter Ended				Nine-Month Period Ended
	September 30,				September 30,
	2020			2019	2020			2019
(In thousands)
Interest expense on deposits	$	16,245	$	20,159	$	52,587	$	56,385
Accretion of premiums from acquisitions		(284)		(2)		(285)		(6)
Amortization of broker placement fees		127		184		437		557
Total interest expense on deposits	$	16,088	$	20,341	$	52,739	$	56,936