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Deposits (Tables)
6 Months Ended
Jun. 30, 2024
Deposits [Abstract]  
Composition of Deposits

The composition of deposits was as follows as of June 30, 2024 and December 31, 2023:

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Non-interest-bearing demand deposits

 

$

1,762,891

 

 

$

1,905,876

 

Interest-bearing checking accounts

 

 

717,229

 

 

 

577,609

 

Money market demand accounts

 

 

2,323,245

 

 

 

2,266,030

 

Other savings

 

 

503,935

 

 

 

542,532

 

Time deposits (below $250,000)

 

 

1,610,308

 

 

 

1,520,082

 

Time deposits ($250,000 and above)

 

 

429,573

 

 

 

364,870

 

Total deposits

 

$

7,347,181

 

 

$

7,176,999

 

Schedule of Maturities of Time Deposits

At June 30, 2024, the scheduled maturities of time deposits were:

 

 

Scheduled Maturities

 

2024

 

$

1,375,883

 

2025

 

 

650,097

 

2026

 

 

7,350

 

2027

 

 

4,958

 

2028

 

 

1,172

 

Thereafter

 

 

421

 

Total

 

$

2,039,881