Deposits

12 Months Ended

Dec. 31, 2025

Deposits

Deposits

(6) Deposits

Deposits as of December 31, 2025 and 2024 and related interest expense for the years ended December 31, 2025, 2024, and 2023 were as follows:

	2025		2024
	(Dollars in Thousands)
Deposits:
Demand - non-interest bearing
Domestic	$	3,727,802	$	3,790,875
Foreign		758,406		821,469
Total demand non-interest bearing		4,486,208		4,612,344
Savings and interest bearing demand
Domestic		3,427,721		3,317,461
Foreign		1,321,257		1,282,496
Total savings and interest bearing demand		4,748,978		4,599,957
Time, certificates of deposit $100,000 or more
Domestic		967,848		876,254
Foreign		1,577,823		1,390,566
Less than $100,000
Domestic		327,741		317,220
Foreign		327,908		315,503
Total time, certificates of deposit		3,201,320		2,899,543
Total deposits	$	12,436,506	$	12,111,844

	2025		2024		2023
	(Dollars in Thousands)
Interest expense:
Savings and interest bearing demand
Domestic	$	57,594	$	56,759	$	42,148
Foreign		25,326		25,153		18,189
Total savings and interest bearing demand		82,920		81,912		60,337
Time, certificates of deposit $100,000 or more
Domestic		32,337		32,283		18,597
Foreign		52,134		47,420		25,471
Less than $100,000
Domestic		9,344		8,748		4,592
Foreign		9,101		8,517		4,498
Total time, certificates of deposit		102,916		96,968		53,158
Total interest expense on deposits	$	185,836	$	178,880	$	113,495

Scheduled maturities of time deposits as of December 31, 2025 were as follows:

	Total
	(in thousands)
2026	$	3,072,855
2027		94,969
2028		25,054
2029		8,139
2030		302
Thereafter		1
Total	$	3,201,320

Scheduled maturities of time deposits in amounts of $100,000 or more at December 31, 2025, were as follows:

	Total
	(in thousands)
Due within 3 months or less	$	1,132,341
Due after 3 months and within 6 months		854,833
Due after 6 months and within 12 months		469,068
Due after 12 months		89,429
	$	2,545,671

Time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2025 and December 31, 2024 were $1,702,199,000 and $1,494,267,000, respectively.