Deposits

12 Months Ended

Dec. 31, 2024

Deposits [Abstract]

Deposits

DEPOSITS

Deposits are summarized as follows:

December 31,	2024		2023
Noninterest bearing	$	5,797.6	$	6,029.6
Interest bearing:
Demand	6,495.2		6,507.8
Savings	7,832.3		7,775.8
Time, $250 and over	825.0		811.6
Time, other	2,065.5		2,198.3
Total interest bearing	17,218.0		17,293.5
Total deposits	$	23,015.6	$	23,323.1

Other time deposits include time deposits under $250,000 and deposits obtained through the Company’s participation in Intrafi. Intrafi deposits totaled $12.5 million and $26.6 million as of December 31, 2024 and 2023, respectively. The Company had no brokered deposits as of December 31, 2024 and December 31, 2023.

As of December 31, 2024 and 2023, the Company had time deposits of $825.0 million and $811.6 million, respectively, that met or exceeded the FDIC insurance limit of $250,000.

Maturities of time deposits at December 31, 2024 are as follows:

	Time, $250 and Over		Time, other		Total Time
Due within 3 months or less	$	418.8	$	924.7	$	1,343.5
Due after 3 months and within 6 months	219.7		588.9		808.6
Due after 6 months and within 12 months	122.4		384.0		506.4
Due within 2026	56.3		125.0		181.3
Due within 2027	5.1		32.1		37.2
Due within 2028	1.7		7.1		8.8
Due within 2029 and thereafter	1.0		3.7		4.7
Total	$	825.0	$	2,065.5	$	2,890.5

Interest expense on time deposits of $250,000 and over was $32.7 million, $21.5 million, and $2.5 million for the years ended December 31, 2024, 2023, and 2022, respectively.