Deposits

12 Months Ended

Jun. 30, 2022

Note 10 – Deposits

Deposits are summarized as follows:


	June 30,
	2022					2021
	Balance		Weighted Average Interest Rate			Balance		Weighted Average Interest Rate
	(Dollars in Thousands)
Non-interest-bearing demand	$	653,899		0.00	%	$	593,718		0.00	%
Interest-bearing demand		2,265,597		0.56			1,902,478		0.18
Savings		1,053,198		0.17			1,111,364		0.13
Certificates of deposits		1,889,562		0.80			1,877,746		0.57
Total deposits	$	5,862,256		0.50	%	$	5,485,306		0.28	%

Brokered deposits are summarized as follows:


	June 30,
	2022					2021
	Balance		Weighted Average Interest Rate			Balance		Weighted Average Interest Rate
	(Dollars in Thousands)
Certificates of deposits	$	761,862		1.14	%	$	458,616		0.10	%
Total brokered deposits	$	761,862		1.14	%	$	458,616		0.10	%

A summary of certificates of deposit by maturity follows:


	June 30,
	2022
	(In Thousands)
One year or less	$	1,468,565
After one year to two years		308,545
After two years to three years		47,829
After three years to four years		28,453
After four years to five years		30,476
After five years		5,694
Total certificates of deposit	$	1,889,562

Certificates of deposit with balances of $250,000 or more at June 30, 2022 and 2021, totaled approximately $897.4 million and $635.3 million, respectively. The Bank’s deposits are insurable to applicable limits by the FDIC.