Deposits

3 Months Ended

Mar. 31, 2025

Deposits [Abstract]

Deposits

7. Deposits

As of March 31, 2025 and December 31, 2024, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	March 31, 2025		December 31, 2024
U.S.:
Interest-bearing	$	12,002,358	$	12,013,597
Noninterest-bearing		6,089,865		6,169,833
Foreign:
Interest-bearing		1,327,907		1,333,471
Noninterest-bearing		795,686		805,315
Total deposits	$	20,215,816	$	20,322,216

The following table presents the maturity distribution of time certificates of deposit as of March 31, 2025:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	681,733	$	614,670	$	1,296,403
Over three through six months		817,473		496,676		1,314,149
Over six through twelve months		367,715		278,562		646,277
One to two years		32,221		6,040		38,261
Two to three years		21,092		6,373		27,465
Three to four years		13,929		558		14,487
Four to five years		10,070		6,605		16,675
Thereafter		215		334		549
Total	$	1,944,448	$	1,409,818	$	3,354,266

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $1.4 billion and $1.3 billion as of March 31, 2025 and December 31, 2024, respectively. Overdrawn deposit accounts are classified as loans and totaled $4.7 million and $3.9 million as of March 31, 2025 and December 31, 2024, respectively.