XML 46 R23.htm IDEA: XBRL DOCUMENT v3.24.0.1
Deposits
 12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
Deposits DEPOSITS
Deposits are summarized as follows:
December 31,20232022
Non-interest bearing demand$6,029.6 $7,560.0 
Interest bearing:
Demand6,507.8 7,205.9 
Savings7,775.8 8,379.3 
Time, $250 and over811.6 438.0 
Time, other2,198.3 1,490.4 
Total interest bearing17,293.5 17,513.6 
Total deposits$23,323.1 $25,073.6 
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 $26.6 million and $36.6 million as of December 31, 2023 and 2022, respectively. The Company had no brokered deposits as of December 31, 2023 and $12.5 million of brokered deposits as of December 31, 2022.
As of December 31, 2023 and 2022, the Company had time deposits of $811.6 million and $438.0 million, respectively, that met or exceeded the FDIC insurance limit of $250,000.
Maturities of time deposits at December 31, 2023 are as follows:
Time, $250
and Over		Total Time
Due within 3 months or less$219.7 $770.4 
Due after 3 months and within 6 months233.9 854.0 
Due after 6 months and within 12 months279.5 1,024.3 
Due within 202562.8 277.1 
Due within 20269.1 48.2 
Due within 20274.9 28.4 
Due within 2028 and thereafter1.7 7.5 
Total$811.6 $3,009.9 
Interest expense on time deposits of $250,000 and over was $21.5 million, $2.5 million, and $0.9 million for the years ended December 31, 2023, 2022, and 2021, respectively.