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Deposits | 3 Months Ended
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Mar. 31, 2023
Deposits [Abstract] |
Deposits | Deposits We commenced offering deposit accounts (referred to as “checking and savings” accounts within SoFi Money) to our members through SoFi Bank in the first quarter of 2022. The following table presents a detail of interest-bearing deposits:
|  | March 31, 2023 |  | December 31, 2022
Savings deposits |  | $ | 6,361,587 |  |  | $ | 4,383,953 |
Demand deposits(1) |  | 2,095,440 |  |  | 1,912,452 |
Time deposits(1)(2) |  | 1,559,377 |  |  | 969,387 |
Total interest-bearing deposits |  | $ | 10,016,404 |  |  | $ | 7,265,792 |
_____________________ (1) As of March 31, 2023 and December 31, 2022, includes brokered deposits of $1,620,767 and $1,026,400, respectively, of which $1,526,195 and $940,000, respectively, are time deposits and $94,572 and $86,400, respectively, are demand deposits. (2) As of March 31, 2023 and December 31, 2022, the amount of time deposits that exceeded the insured limit (referred to as “uninsured deposits”) totaled $23,317 and $20,842, respectively. We also have noninterest-bearing deposits associated with legacy Golden Pacific accounts. As of March 31, 2023, future maturities of our total time deposits were as follows:
Remainder of 2023 | $ | 1,201,290 |
2024 | 357,045 |
2025 | 550 |
2026 | 289 |
2027 | — |
Thereafter | 203 |
Total | $ | 1,559,377 |

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
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