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Deposits
12 Months Ended
Dec. 31, 2023
Deposit Liabilities [Abstract]  
Deposits Deposits
    The following table sets forth the details of total deposits.
(dollars in thousands)December 31, 2023December 31, 2022
Balance% of TotalBalance% of Total
Noninterest-bearing demand$1,781,619 20.8 %$2,113,289 24.7 %
Interest-bearing checking3,117,358 36.3 %3,079,249 35.9 %
Money market1,033,436 12.0 %1,192,353 13.9 %
Savings681,377 8.0 %974,403 11.4 %
Certificates of deposit under $250 thousand 1,444,640 16.8 %882,505 10.3 %
Certificates of deposit $250 thousand and over522,808 6.1 %325,672 3.8 %
Total deposits$8,581,238 100.0 %$8,567,471 100.0 %
At December 31, 2023, the schedule of maturities of certificates of deposit is as follows:
(in thousands) 
2024$1,794,878 
2025161,707 
20267,904 
20272,204 
2028755 
Total$1,967,448 
At December 31, 2023 and 2022, certificates of deposit obtained through brokers totaled $160.0 million and $33.1 million, respectively.
Interest expense on deposits is as follows:
(in thousands)202320222021
Checking accounts$76,322 $21,899 $4,591 
Money market accounts22,215 11,084 6,226 
Savings1,999 2,410 334 
Certificates of deposit62,559 8,860 5,642 
Total$163,095 $44,253 $16,793