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Deposits
6 Months Ended
Jun. 30, 2018
Deposits  
Deposits

 

Note 7:  Deposits

 

The composition of deposits is as follows (dollars in thousands):

 

 

 

June 30, 2018

 

December 31, 2017

 

Demand deposits, noninterest-bearing

 

$

1,496,671

 

$

1,597,421

 

Interest-bearing transaction deposits

 

1,238,876

 

1,166,170

 

Saving deposits and money market deposits

 

1,953,859

 

2,026,212

 

Time deposits

 

1,474,506

 

1,336,162

 

 

 

 

 

 

 

Total

 

$

6,163,912

 

$

6,125,965

 

 

 

 

 

 

 

 

 

 

The Company held brokered interest-bearing transaction deposits of $5.0 million at June 30, 2018 and December 31, 2017.  The Company held brokered saving deposits and money market deposits of $51.0 million and $75.1 million at June 30, 2018 and December 31, 2017, respectively.

 

The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $620.1 million and $578.9 million at June 30, 2018 and December 31, 2017, respectively.  The aggregate amount of time deposits with a minimum denomination that meets or exceeds the Federal Deposit Insurance Corporation (“FDIC”) insurance limit of $250,000 was approximately $217.7 million and $197.9 million at June 30, 2018 and December 31, 2017, respectively.  The Company held brokered time deposits of $311.8 million and $247.7 million at June 30, 2018 and December 31, 2017, respectively.

 

As of June 30, 2018, the scheduled maturities of time deposits are as follows (dollars in thousands):

 

July 1, 2018 — June 30, 2019

 

$

1,062,338

 

July 1, 2019 — June 30, 2020

 

238,719

 

July 1, 2020 — June 30, 2021

 

63,516

 

July 1, 2021 — June 30, 2022

 

65,582

 

July 1, 2022 — June 30, 2023

 

44,289

 

Thereafter

 

62

 

 

 

 

 

 

 

$

1,474,506