Deposits (Tables)

9 Months Ended

Sep. 30, 2020

Deposits

Schedule of composition of deposits

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

	September 30, 2020		December 31, 2019
Demand deposits, noninterest-bearing	$	2,595,075	$	1,832,619
Interest-bearing transaction deposits		2,266,338		1,989,854
Saving deposits and money market deposits		2,553,521		2,545,073
Time deposits		1,227,767		1,534,850
Total	$	8,642,701	$	7,902,396

Schedule of maturities of time deposits

As of September 30, 2020, the scheduled maturities of time deposits are as follows (dollars in thousands):

October 1, 2020 - September 30, 2021	$	803,854
October 1, 2021 - September 30, 2022		260,163
October 1, 2022 - September 30, 2023		81,550
October 1, 2023 - September 30, 2024		63,121
October 1, 2024 - September 30, 2025		19,065
Thereafter		14
	$	1,227,767