Deposits

9 Months Ended

Sep. 30, 2023

Financial Services, Banking and Thrift [Abstract]

Included in time deposits are certificates of deposit over $250 thousand totaling $2.4 billion and $1.8 billion at September 30, 2023 and December 31, 2022, respectively. Interest expense on time deposits of $250 thousand or more totaled $5.4 million and $1.3 million for the three months ended September 30, 2023 and 2022, respectively, and $12.9 million and $1.8 million for the nine months ended September 30, 2023 and 2022, respectively.

The scheduled maturities of time deposits as of September 30, 2023 were as follows:


Year	Amount
	(in thousands)
2023	$	4,425,230
2024	10,297,950
2025	127,039
2026	167,730
2027	38,829
Thereafter	46,192
Total time deposits	$	15,102,970