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Deposits (Tables)
12 Months Ended
Dec. 31, 2023
Deposits.  
Schedule of deposits and related interest expense

2023

2022

 

(Dollars in Thousands)

 

Deposits:

    

    

    

    

Demand - non-interest bearing

Domestic

$

4,126,635

$

4,744,299

Foreign

 

904,210

 

1,101,756

Total demand non-interest bearing

 

5,030,845

 

5,846,055

Savings and interest bearing demand

Domestic

 

3,161,411

 

3,448,717

Foreign

 

1,207,121

 

1,297,051

Total savings and interest bearing demand

 

4,368,532

 

4,745,768

Time, certificates of deposit $100,000 or more

Domestic

 

763,419

 

652,073

Foreign

 

1,103,710

 

892,619

Less than $100,000

Domestic

 

289,565

 

276,660

Foreign

 

268,483

 

246,832

Total time, certificates of deposit

 

2,425,177

 

2,068,184

Total deposits

$

11,824,554

$

12,660,007

2023

2022

2021

 

(Dollars in Thousands)

 

Interest expense:

    

    

    

    

    

    

Savings and interest bearing demand

Domestic

 

$

42,148

$

9,196

$

3,268

Foreign

 

18,189

 

3,490

 

842

Total savings and interest bearing demand

 

60,337

 

12,686

 

4,110

Time, certificates of deposit $100,000 or more

Domestic

 

18,597

 

5,528

 

6,652

Foreign

 

25,471

 

3,867

 

3,452

Less than $100,000

Domestic

 

4,592

 

1,027

 

984

Foreign

 

4,498

 

735

 

567

Total time, certificates of deposit

 

53,158

 

11,157

 

11,655

Total interest expense on deposits

$

113,495

$

23,843

$

15,765

Scheduled maturities of time deposits

Scheduled maturities of time deposits as of December 31, 2023 were as follows:

    

Total

 

(in thousands)

 

2024

$

2,301,914

2025

 

85,385

2026

 

23,102

2027

 

14,200

2028

 

573

Thereafter

 

3

Total

$

2,425,177

Scheduled maturities of time deposits in amounts of $100,000 or more

Total

(in thousands)

Due within 3 months or less

    

$

859,734

Due after 3 months and within 6 months

 

517,994

Due after 6 months and within 12 months

 

409,193

Due after 12 months

 

80,208

$

1,867,129