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Time Deposits
12 Months Ended
Dec. 31, 2022
Banking and Thrift, Other Disclosure [Abstract]  
Time Deposits TIME DEPOSITS
Time deposits included approximately $1.08 billion and $784.9 million of certificates of deposit over $250,000 at December 31, 2022 and 2021, respectively.
 
Brokered time deposits were $2.75 billion and $466.0 million at December 31, 2022 and 2021, respectively. Maturities of all time deposits at December 31, 2022 are as follows:

Year(In thousands)
2023$4,141,394 
2024503,103 
202595,340 
202618,452 
20278,415 
Thereafter1,854 
Total$4,768,558 
 
Deposits are the Company’s primary funding source for loans and investment securities. The mix and repricing alternatives can significantly affect the cost of this source of funds and, therefore, impact the interest margin.