Deposits

12 Months Ended

Dec. 31, 2022

Financial Services, Banking and Thrift [Abstract]

Deposits

DEPOSITS (Note 9)

Included in time deposits are certificates of deposit over $250 thousand totaling $1.8 billion and $861.5 million at December 31, 2022 and 2021, respectively. Interest expense on time deposits of $250 thousand or more totaled approximately $3.4 million, $1.1 million and $4.5 million in 2022, 2021 and 2020, respectively.

The scheduled maturities of time deposits as of December 31, 2022 were as follows: 

Year	Amount
	(in thousands)
2023	$	7,187,385
2024	2,168,998
2025	58,251
2026	56,456
2027	52,564
Thereafter	32,803
Total time deposits	$	9,556,457

Deposits from certain directors, executive officers and their affiliates totaled $101.1 million and $92.3 million at December 31, 2022 and 2021, respectively.