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Time Deposits
12 Months Ended
Dec. 31, 2023
Banking and Thrift, Other Disclosure [Abstract]  
Time Deposits TIME DEPOSITS
Time deposits included approximately $1.73 billion and $1.08 billion of certificates of deposit over $250,000 at December 31, 2023 and 2022, respectively.
 
Brokered time deposits were $2.90 billion and $2.75 billion at December 31, 2023 and 2022, respectively. Maturities of all time deposits at December 31, 2023 are as follows:

Year(In thousands)
2024$6,089,586 
2025287,651 
202656,173 
20276,705 
20285,125 
Thereafter1,433 
Total$6,446,673 
 
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.