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Deposits (Tables) | 6 Months Ended
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Jun. 30, 2023
Banking and Thrift, Other Disclosure [Abstract] |
Schedule of Deposits | The following table summarizes total deposits at June 30, 2023 and December 31, 2022.
|  | June 30, |  | December 31,
(Dollars in thousands) |  | 2023 |  | 2022
Deposits - interest-bearing |  | $ | 20,358,961 |  |  | $ | 21,446,647 |
Deposits - non-interest-bearing |  | 2,524 |  |  | 1,424 |
Total deposits |  | $ | 20,361,485 |  |  | $ | 21,448,071 |
Schedule of Interest Bearing Deposits | Interest bearing deposits at June 30, 2023 and December 31, 2022 are summarized as follows:
|  | June 30, 2023 |  | December 31, 2022
(Dollars in thousands) |  | Amount |  | Qtr.-End Weighted Average Stated Rate(1) |  | Amount |  | Year-End Weighted Average Stated Rate(1)
Money market |  | $ | 10,246,170 |  |  | 4.54 | % |  | $ | 10,977,242 |  |  | 3.75 | %
Savings |  | 923,330 |  |  | 3.95 |  |  | 982,586 |  |  | 3.15 |
Certificates of deposit |  | 9,189,461 |  |  | 3.03 |  |  | 9,486,819 |  |  | 2.57 |
Deposits - interest bearing |  | $ | 20,358,961 |  |  |  |  | $ | 21,446,647 |  |  |
(1) Includes the effect of interest rate swaps in effective hedge relationships.
Schedule of Certificates of Deposit Maturities | Certificates of deposit remaining maturities are summarized as follows:
(Dollars in thousands) |  | June 30, 2023 |  | December 31, 2022
One year or less |  | $ | 2,501,856 |  |  | $ | 3,224,573 |
After one year to two years |  | 3,405,039 |  |  | 2,954,257 |
After two years to three years |  | 1,944,330 |  |  | 1,904,919 |
After three years to four years |  | 1,078,804 |  |  | 1,031,881 |
After four years to five years |  | 255,357 |  |  | 324,375 |
After five years |  | 4,075 |  |  | 46,814 |
Total |  | $ | 9,189,461 |  |  | $ | 9,486,819 |

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