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DEPOSITS (Tables)
 6 Months Ended
Jun. 30, 2023
DEPOSITS [Abstract]  
Summary of Deposit Balances [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following table summarizes deposit balances as of the indicated dates:
June 30, 2023
December 31, 2022
(In thousands)
Type of account and interest rate:
Non-interest-bearing deposit accounts
$
5,874,261
$
6,112,884
Interest-bearing saving accounts
3,642,728
3,902,888
Interest-bearing checking accounts
4,258,871
3,770,993
Certificates of deposit (“CDs”)
2,680,250
2,250,876
Brokered CDs
363,582
105,826
 
Total
$
16,819,692
$
16,143,467
Schedule of contractual maturities of CDs
 
 
 
 
 
 
 
 
 
 
 
 
 
The following table presents the contractual maturities of CDs, including brokered CDs, as of June 30,
 
2023:
Total
 
(In thousands)
Three months or less
$
685,606
Over three months to six months
511,428
Over six months to one year
752,768
Over one year to two years
 
783,288
Over two years to three years
 
139,807
Over three years to four years
 
41,543
Over four years to five years
 
122,471
Over five years
6,921
 
Total
$
3,043,832
Schedule of Interest Expenses on Deposits [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following were the components of interest expense on deposits for the
 
indicated periods:
Quarter Ended June 30,
 
Six-Month Period Ended June 30,
 
2023
2022
2023
2022
(In thousands)
Interest expense on deposits
$
41,553
$
7,757
$
71,477
$
15,574
Accretion of premiums from
acquisitions
(33)
(92)
(116)
(292)
Amortization of broker placement fees
84
29
128
64
 
Total
$
41,604
$
7,694
$
71,489
$
15,346