DEPOSITS

12 Months Ended

Dec. 31, 2024

Deposits.

DEPOSITS

10. DEPOSITS

Deposits are summarized as follows:

	Year Ended December 31,
	2024				2023
	Weighted				Weighted
	Average				Average
(Dollars in thousands)	Rate		Liability		Rate		Liability
Savings (1)	2.98	%	$	1,927,909	3.67	%	$	2,335,490
CDs	3.73			1,069,081	4.43			1,607,683
Money market	3.01			4,198,784	3.46			3,125,996
Interest-bearing checking	1.92			1,079,823	0.77			515,987
Non-interest-bearing checking (1)	—			3,410,544	—			2,945,499
Total	2.09	%	$	11,686,141	2.56	%	$	10,530,655

(1) Includes mortgage escrow deposits.

The following table presents a summary of scheduled maturities of CDs outstanding at December 31, 2024:

	Maturing		Weighted Average
(Dollars in thousands)	Balance		Interest Rate
2025	$	873,750	3.91	%
2026		75,616	2.53
2027		12,401	1.44
2028		103,163	3.50
2029		4,139	0.36
2030 and beyond		12	1.34
Total	$	1,069,081	3.73	%

CDs that met or exceeded the Federal Deposit Insurance Corporation (“FDIC”) insurance limit of $250 thousand were $93.3 million and $115.3 million at December 31, 2024 and 2023, respectively.