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Bank Deposits (Tables)
3 Months Ended
Mar. 31, 2021
Deposits Liabilities Balance Sheet Reported Amounts [Abstract]  
Schedule of Deposits

Deposits consist of interest-bearing-demand deposits (primarily money market and savings accounts), non-interest-bearing demand deposits, and certificates of deposit. Deposits at March 31, 2021 and December 31, 2020 were as follows (in thousands):

 

 

 

March 31, 2021

 

 

December 31,

2020

 

Demand deposits (interest-bearing)

 

$

18,125,863

 

 

$

16,886,953

 

Demand deposits (non-interest-bearing)

 

 

524,338

 

 

 

411,890

 

Certificates of deposit

 

 

64,932

 

 

 

97,654

 

 

 

$

18,715,133

 

 

$

17,396,497

 

Schedule of Maturities of Certificates of Deposit

Scheduled maturities of certificates of deposit at March 31, 2021 and December 31, 2020 were as follows (in thousands):

 

 

 

March 31, 2021

 

 

December 31,

2020

 

Certificates of deposit, less than $100,000:

 

 

 

 

 

 

 

 

Within one year

 

$

2,222

 

 

$

2,719

 

One to three years

 

 

263

 

 

 

409

 

Three to five years

 

 

54

 

 

 

254

 

 

 

$

2,539

 

 

$

3,382

 

Certificates of deposit, $100,000 and greater:

 

 

 

 

 

 

 

 

Within one year

 

$

35,419

 

 

$

63,650

 

One to three years

 

 

26,874

 

 

 

30,622

 

Three to five years

 

 

100

 

 

 

 

 

 

 

62,393

 

 

 

94,272

 

 

 

$

64,932

 

 

$

97,654