Time deposits included approximately $1.55 billion and $1.73 billion of certificates of deposit over $250,000 at December 31, 2024 and 2023, respectively.

Brokered time deposits were $3.30 billion and $2.90 billion at December 31, 2024 and 2023, respectively. Maturities of all time deposits at December 31, 2024 are as follows:


Year	(In thousands)
2025	$	6,226,338
2026	172,868
2027	36,894
2028	3,966
2029	2,211
Thereafter	934
Total	$	6,443,211

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.