Deposits

6 Months Ended

Jun. 30, 2024

Deposits [Abstract]

Deposits

7. Deposits

As of June 30, 2024 and December 31, 2023, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	June 30, 2024		December 31, 2023
U.S.:
Interest-bearing	$	12,272,557	$	12,731,915
Noninterest-bearing		6,040,637		6,609,483
Foreign:
Interest-bearing		1,188,808		1,017,180
Noninterest-bearing		816,830		974,079
Total deposits	$	20,318,832	$	21,332,657

The following table presents the maturity distribution of time certificates of deposit as of June 30, 2024:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	731,969	$	648,317	$	1,380,286
Over three through six months		665,280		447,274		1,112,554
Over six through twelve months		389,986		282,001		671,987
One to two years		48,512		7,231		55,743
Two to three years		24,956		4,047		29,003
Three to four years		19,732		5,989		25,721
Four to five years		16,859		1,409		18,268
Thereafter		809		334		1,143
Total	$	1,898,103	$	1,396,602	$	3,294,705

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $1.4 billion and $1.8 billion as of June 30, 2024 and December 31, 2023, respectively. Overdrawn deposit accounts are classified as loans and totaled $4.3 million and $2.5 million as of June 30, 2024 and December 31, 2023, respectively.