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DEPOSITS (Tables)
12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Schedule of Composition of Deposits
The composition of Busey’s deposits is as follows (dollars in thousands):
As of December 31,
20232022
Deposits
Noninterest-bearing demand deposits$2,834,655 $3,393,666 
Interest-bearing transaction deposits2,717,139 2,857,818 
Saving deposits and money market deposits2,920,088 2,964,421 
Time deposits1,819,274 855,375 
Total deposits$10,291,156 $10,071,280 
Additional information about Busey’s deposits follows (dollars in thousands):
As of December 31,
20232022
Brokered savings deposits and money market deposits$6,001 $1,303 
Brokered time deposits285 275 
Total time deposits with a minimum denomination of $100,0001,072,189 416,445 
Total time deposits with a minimum denomination that meets or exceeds the FDIC insurance limit of $250,000386,286 120,377 
Schedule of Maturities of time Deposits
Scheduled maturities of time deposits are as follows (dollars in thousands):
As of
December 31, 2023
Time deposits by schedule of maturities
2024$1,705,846 
202568,738 
202621,222 
202712,470 
202810,451 
Thereafter547 
Time deposits$1,819,274