Deposits (Tables)

9 Months Ended

Sep. 30, 2018

Banking and Thrift [Abstract]

Schedule of Deposits

The following table presents the composition of deposits:

(In thousands)	September 30, 2018			December 31, 2017
Interest-bearing brokered money market deposits	$	238,382		$	285,899
Customer deposits	108,800			70,211
Certificates of deposit with maturities within 1 year (a)	530,889			630,879
Short-term deposits	878,071			986,989
Certificates of deposit with maturities greater than 1 year and less than 5 years (a)	386,770			306,865
Total deposits	$	1,264,841		$	1,293,854
Weighted average cost of funds on certificates of deposit outstanding	2.16		%	1.51		%
Weighted average cost of interest-bearing brokered money market deposits	2.24		%	1.49		%

^(a) Certificates of deposit are classified as short-term or long-term within our unaudited condensed consolidated balance sheets based on maturity date.