Deposits

12 Months Ended

Dec. 31, 2022

DEPOSITS

Deposits are summarized as follows:


December 31,	2022		2021
Non-interest bearing demand	$	7,560.0	$	5,568.3
Interest bearing:
Demand	7,205.9		4,753.2
Savings	8,379.3		4,981.6
Time, $250 and over	438.0		186.7
Time, other	1,490.4		779.8
Total interest bearing	17,513.6		10,701.3
Total deposits	$	25,073.6	$	16,269.6

Other time deposits include time deposits under $250,000 and deposits obtained through the Company’s participation in the Certificate of Deposit Account Registry Service (“CDARS”). CDARS deposits totaled $36.6 million and $104.5 million as of December 31, 2022 and 2021, respectively. The Company had no brokered deposits as of December 31, 2022 and 2021, respectively

As of December 31, 2022 and 2021, the Company had time deposits of $438.0 million and $186.7 million, respectively, that met or exceeded the FDIC insurance limit of $250,000.

Maturities of time deposits at December 31, 2022 are as follows:


	Time, $250 and Over		Total Time
Due within 3 months or less	$	47.8	$	311.8
Due after 3 months and within 6 months	34.6		215.4
Due after 6 months and within 12 months	283.9		1,005.4
Due within 2024	55.0		282.8
Due within 2025	10.7		69.2
Due within 2026	4.8		27.8
Due within 2027 and thereafter	1.2		16.0
Total	$	438.0	$	1,928.4

Interest expense on time deposits of $250,000 and over was $2.5 million, $0.9 million, and $2.7 million for the years ended December 31, 2022, 2021, and 2020, respectively.