Deposits

9 Months Ended

Sep. 30, 2024

Financial Services, Banking and Thrift [Abstract]

Included in time deposits are certificates of deposit over $250 thousand totaling $2.2 billion and $2.6 billion at September 30, 2024 and December 31, 2023, respectively. Interest expense on time deposits of over $250 thousand totaled $24.4 million and $5.4 million for the three months ended September 30, 2024 and 2023, respectively, and $72.4 million and $12.9 million for the nine months ended September 30, 2024 and 2023, respectively.

The scheduled maturities of time deposits as of September 30, 2024 were as follows:


Year	Amount
	(in thousands)
2024	$	4,720,823
2025	6,900,796
2026	1,346,234
2027	1,144,759
2028	23,399
Thereafter	36,796
Total time deposits	$	14,172,807