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DEPOSITS
6 Months Ended
Jun. 30, 2020
Deposits [Abstract]  
DEPOSITS DEPOSITS
A summary of deposits at June 30, 2020 and December 31, 2019 is as follows:
(Dollars in thousands)June 30,
2020
December 31,
2019
Time deposits$3,441,029  $3,526,688  
Money market savings1,406,407  1,330,585  
Interest-bearing demand366,714  222,509  
Money market checking93,083  111,338  
Noninterest-bearing demand76,286  43,597  
Total$5,383,519  $5,234,717  
The Company had time deposits with a denomination of $100 thousand or more totaling $2.7 billion and $2.6 billion at June 30, 2020 and December 31, 2019, respectively.
The Company had time deposits that met or exceeded the FDIC insurance limit of $250 thousand of $1.6 billion and $1.4 billion at June 30, 2020 and December 31, 2019, respectively.

The Company utilizes brokered deposits as an additional source of funding. The Company had brokered deposits of $255.0 million and $416.0 million at June 30, 2020 and December 31, 2019, respectively.

Maturities of the Company’s time deposits at June 30, 2020 are summarized as follows (dollars in thousands):
July 1 - December 31, 2020$1,784,755  
20211,543,856  
202294,638  
20234,859  
20246,207  
Thereafter6,714  
Total$3,441,029