XML 51 R19.htm IDEA: XBRL DOCUMENT v3.22.2
Deposits
6 Months Ended
Jun. 30, 2022
Deposits [Abstract]  
Deposits Deposits
    Deposits at June 30, 2022 and December 31, 2021 are summarized as follows:
June 30,December 31,
20222021
(In thousands)
Non-interest-bearing demand$1,788,091 $1,712,061 
Interest-bearing demand2,706,948 2,599,987 
Money market accounts712,004 657,156 
Savings and club deposits984,926 822,833 
Certificates of deposit1,841,095 1,778,179 
          Total deposits$8,033,064 $7,570,216 

Included in the above balance at December 31, 2021 are certificates of deposit obtained through brokers totaling $5.0 million that were acquired from Stewardship.

    The aggregate amount of certificates of deposit that meet or exceed $100,000 totaled approximately $960.6 million and $932.4 million at June 30, 2022 and December 31, 2021, respectively. Interest expense on deposits for the three months ended June 30, 2022 and 2021 totaled $4.7 million and $7.9 million, respectively. Interest expense on deposits for the six months ended June 30, 2022 and 2021 totaled $9.4 million and $16.7 million, respectively.
11.    Deposits (continued)
    
Scheduled maturities of certificates of deposit accounts at June 30, 2022 and December 31, 2021 are summarized as follows:
June 30,December 31,
20222021
(In thousands)
One year or less$1,166,258 $1,087,631 
After one year to two years394,853 418,515 
After two years to three years161,556 143,950 
After three years to four years56,636 36,277 
After four years61,792 91,806 
$1,841,095 $1,778,179