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Deposits
9 Months Ended
Sep. 30, 2017
Deposits Disclosure Abstract  
Deposits

Note 9 — Deposits

 

The Company’s total deposits are comprised of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

September 30,

 

(Dollars in thousands)

    

2017

    

2016

    

2016

 

Certificates of deposit

 

$

1,083,814

 

$

872,773

 

$

911,453

 

Interest-bearing demand deposits

 

 

4,102,391

 

 

3,461,004

 

 

3,358,647

 

Non-interest bearing demand deposits

 

 

2,505,570

 

 

2,199,046

 

 

2,176,155

 

Savings deposits

 

 

1,363,944

 

 

799,615

 

 

795,754

 

Other time deposits

 

 

6,302

 

 

1,985

 

 

5,397

 

Total deposits

 

$

9,062,021

 

$

7,334,423

 

$

7,247,406

 

 

At September 30, 2017, December 31, 2016, and September 30, 2016, the Company had $187.5 million, $83.7 million, and $90.8 million in certificates of deposits of $250,000 and greater, respectively.  At September 30, 2017, December 31, 2016, and September 30, 2016, the Company had $23.9 million, $2.9 million and $2.9 million, in traditional, out-of-market brokered deposits, respectively.  The increase in certificates of deposits of $250,000 and greater and in out-of-market brokered deposits was primarily the result of deposits acquired through the merger with SBFC.