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Deposits (Tables) | 6 Months Ended
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Jun. 30, 2022
Banking and Thrift, Other Disclosure [Abstract] |
Schedule of Deposits | The following table summarizes total deposits at June 30, 2022 and December 31, 2021.
|  | June 30, |  | December 31,
(Dollars in thousands) |  | 2022 |  | 2021
Deposits - interest bearing |  | $ | 19,977,265 |  |  | $ | 20,826,692 |
Deposits - non-interest bearing |  | 2,456 |  |  | 1,432 |
Total deposits |  | $ | 19,979,721 |  |  | $ | 20,828,124 |
Interest Bearing Deposits | Interest bearing deposits at June 30, 2022 and December 31, 2021 are summarized as follows:
|  | June 30, 2022 |  | December 31, 2021
(Dollars in thousands) |  | Amount |  | Qtr.-End Weighted Average Stated Rate(1) |  | Amount |  | Year-End Weighted Average Stated Rate(1)
Money market |  | $ | 10,807,991 |  |  | 1.46 | % |  | $ | 10,473,569 |  |  | 0.69 | %
Savings |  | 944,496 |  |  | 1.11 |  |  | 959,122 |  |  | 0.43 |
Certificates of deposit |  | 8,224,778 |  |  | 1.74 |  |  | 9,394,001 |  |  | 1.20 |
Deposits - interest bearing |  | $ | 19,977,265 |  |  |  |  | $ | 20,826,692 |  |  |
(1) Includes the effect of interest rate swaps in effective hedge relationships.

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