Deposits

3 Months Ended

Mar. 31, 2024

Deposits

Deposits

7. Deposits

As of March 31, 2024 and December 31, 2023, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	March 31, 2024		December 31, 2023
U.S.:
Interest-bearing	$	12,451,100	$	12,731,915
Noninterest-bearing		6,212,216		6,609,483
Foreign:
Interest-bearing		1,169,828		1,017,180
Noninterest-bearing		836,337		974,079
Total deposits	$	20,669,481	$	21,332,657

The following table presents the maturity distribution of time certificates of deposit as of March 31, 2024:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	375,094	$	513,230	$	888,324
Over three through six months		742,247		472,846		1,215,093
Over six through twelve months		588,338		445,817		1,034,155
One to two years		54,414		12,867		67,281
Two to three years		28,830		2,448		31,278
Three to four years		22,977		6,826		29,803
Four to five years		17,156		571		17,727
Thereafter		384		—		384
Total	$	1,829,440	$	1,454,605	$	3,284,045

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $1.5 billion and $1.8 billion as of March 31, 2024 and December 31, 2023, respectively. Overdrawn deposit accounts are classified as loans and totaled $1.9 million and $2.5 million as of March 31, 2024 and December 31, 2023, respectively.