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Deposits (Tables)
12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Schedule of Year-end deposits

Year-end deposits were as follows:

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(Dollars in thousands)

 

Noninterest-bearing demand deposits

 

$

3,982,226

 

 

$

4,944,730

 

Money market and interest-bearing checking deposits

 

 

4,699,865

 

 

 

4,173,268

 

Savings deposits

 

 

1,056,404

 

 

 

1,143,176

 

Time deposits

 

 

961,627

 

 

 

713,054

 

Total deposits

 

$

10,700,122

 

 

$

10,974,228

 

Schedule of Maturities of Time Deposits At December 31, 2023, the scheduled maturities of all time deposits are as follows (Dollars in thousands):

 

2024

 

$

774,008

 

2025

 

 

120,976

 

2026

 

 

27,347

 

2027

 

 

17,093

 

2028

 

 

22,199

 

Thereafter

 

 

4

 

Total

 

$

961,627

 

Summary of time Deposits Meet or Exceed Current Federal Deposit Insurance Corporation Insurance Limit for Periods Presented

The following table is a summary of time deposits that meet or exceed the current Federal Deposit Insurance Corporation ("FDIC") insurance limit for the periods presented:

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(Dollars in thousands)

 

Time deposits of $250,000 or more

 

$

299,018

 

 

$

224,517