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Deposits
6 Months Ended
Jun. 30, 2024
Deposits [Abstract]  
Deposits
8. Deposits
The aggregate amount of time deposits with a minimum denomination of $250,000 was $869.9 million and $836.7 million at June 30, 2024 and December 31, 2023, respectively. The aggregate amount of time deposits with a minimum denomination of $100,000 was $1.13 billion and $1.09 billion at June 30, 2024 and December 31, 2023, respectively. Interest expense applicable to certificates in excess of $100,000 totaled $12.2 million and $5.2 million for the three months ended June 30, 2024 and 2023, respectively. Interest expense applicable to certificates in excess of $100,000 totaled $23.8 million and $8.2 million for the six months ended June 30, 2024 and 2023, respectively. As of June 30, 2024 and December 31, 2023, brokered deposits were $407.3 million and $401.0 million, respectively.
Deposits totaling approximately $2.94 billion and $3.05 billion at June 30, 2024 and December 31, 2023, respectively, were public funds obtained primarily from state and political subdivisions in the United States.