Deposits (Tables)

3 Months Ended

Mar. 31, 2024

Banking and Thrift, Other Disclosure [Abstract]

Schedule of Deposits

Deposits as of March 31, 2024 and December 31, 2023 are summarized as follows (in thousands):

	March 31, 2024		December 31, 2023
Savings	$	1,160,951	1,175,683
Money market	2,330,894		2,325,364
NOW (1)	3,520,794		3,492,184
Non-interest bearing	2,054,273		2,203,341
Certificates of deposit (2)	1,031,980		1,095,942
Total deposits	$	10,098,892	10,292,514

(1) Our insured cash sweep ("ICS") product totaled $512.2 million as of March 31, 2024 and are located within NOW accounts.

(2) Time deposits equal to or in excess of $250,000, were $223.6 million and $218.5 million as of March 31, 2024 and December 31, 2023, respectively. Additionally, our reciprocal Certificate of Deposit Account Registry Service ("CDARS") product totaled $3.3 million as of March 31, 2024 and December 31, 2023.