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DEPOSITS (Tables)
6 Months Ended
Jun. 30, 2019
Deposits [Abstract]  
Summary of Deposit Balances [Table Text Block]

The following table summarizes deposit balances as of the dates indicated:

 

June 30,

 

 

December 31,

 

2019

 

2018

(In thousands)

 

Type of account:

 

 

 

 

 

Non-interest-bearing checking accounts

$

2,375,517

 

$

2,395,481

Savings accounts

 

2,408,745

 

 

2,334,949

Interest-bearing checking accounts

 

1,348,469

 

 

1,304,043

Certificates of deposit

 

2,533,759

 

 

2,404,644

Brokered certificates of deposit (CDs)

 

515,691

 

 

555,597

Total

$

9,182,181

 

$

8,994,714

 

 

 

 

 

 

Brokered Certificates Of Deposit Mature [Table Text Block]

Brokered CDs mature as follows:

 

June 30,

 

2019

(In thousands)

 

 

 

 

Three months or less

$

60,712

Over three months to six months

 

70,066

Over six months to one year

 

112,451

One year to three years

 

245,934

Three years to five years

 

26,528

Total

$

515,691

 

Components of Interest Expense on Deposits [Table Text Block]

The following were the components of interest expense on deposits:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six-Month Period Ended

 

June 30,

 

June 30,

 

2019

 

 

2018

 

2019

 

 

2018

(In thousands)

 

 

 

Interest expense on deposits

$

18,921

 

$

16,667

 

$

36,226

 

$

33,274

Accretion of premium from acquisition

 

(2)

 

 

(2)

 

 

(4)

 

 

(5)

Amortization of broker placement fees

 

184

 

 

309

 

 

373

 

 

676

Total interest expense on deposits

$

19,103

 

$

16,974

 

$

36,595

 

$

33,945