XML 24 R13.htm IDEA: XBRL DOCUMENT v3.19.2
Deposits
6 Months Ended
Jun. 30, 2019
Deposits  
Deposits

Note 5: Deposits

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

June 30, 2019

December 31, 2018

Demand deposits, noninterest-bearing

$

1,766,681

$

1,464,700

Interest-bearing transaction deposits

 

1,926,502

 

1,435,574

Saving deposits and money market deposits

 

2,390,228

1,852,044

Time deposits

 

1,749,811

 

1,497,003

Total

$

7,833,222

$

6,249,321

The Company held brokered saving deposits and money market deposits of $14.4 million and $17.5 million at June 30, 2019 and December 31, 2018, respectively.

The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $934.5 million and $673.7 million at June 30, 2019 and December 31, 2018, 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 $340.4 million and $264.1 million at June 30, 2019 and December 31, 2018, respectively. The Company held brokered time deposits of $108.8 million and $262.5 million at June 30, 2019 and December 31, 2018, respectively.

As of June 30, 2019, the scheduled maturities of time deposits are as follows (dollars in thousands):

July 1, 2019 – June 30, 2020

$

1,064,812

July 1, 2020 – June 30, 2021

389,392

July 1, 2021 – June 30, 2022

 

158,968

July 1, 2022 – June 30, 2023

 

63,863

July 1, 2023 – June 30, 2024

 

71,961

Thereafter

 

815

 

$

1,749,811