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DEPOSITS (Tables)
3 Months Ended
Mar. 31, 2020
DEPOSITS  
Summary of deposit balances, by type

 

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

 

    

2020

    

2019

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

NOW and demand deposit accounts

    

$

614,764

 

$

572,280

 

Regular savings and club accounts

 

 

744,564

 

 

626,685

 

Money market deposit accounts

 

 

809,622

 

 

856,830

 

Total non-certificate accounts

 

 

2,168,950

 

 

2,055,795

 

 

 

 

 

 

 

 

 

Term certificate accounts greater than $250,000

 

 

168,372

 

 

169,595

 

Term certificate accounts less than or equal to $250,000

 

 

598,473

 

 

636,343

 

Brokered deposits

 

 

85,429

 

 

81,140

 

Total certificate accounts

 

 

852,274

 

 

887,078

 

Total deposits

 

$

3,021,224

 

$

2,942,873

 

 

Summary of certificate accounts by maturity

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

Average

 

 

    

Amount

    

Rate

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

Within 1 year

 

$

746,517

 

1.92

%

Over 1 year to 2 years

 

 

80,034

 

1.88

 

Over 2 years to 3 years

 

 

21,473

 

1.95

 

Over 3 years to 4 years

 

 

4,122

 

1.96

 

Over 4 years to 5 years

 

 

1,305

 

1.51

 

Total certificate deposits

 

 

853,451

 

1.92

%

Less unaccreted acquisition discount

 

 

(1,177)

 

 

 

Total certificate deposits, net

 

$

852,274