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Deposits | 12 Months Ended
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Dec. 31, 2022
Deposits [Abstract] |
Deposits | DEPOSITS Deposits are summarized as follows:
December 31, | 2022 |  | 2021
Non-interest bearing demand | $ | 7,560.0 |  |  | $ | 5,568.3 |
Interest bearing: |  |  |
Demand | 7,205.9 |  |  | 4,753.2 |
Savings | 8,379.3 |  |  | 4,981.6 |
Time, $250 and over | 438.0 |  |  | 186.7 |
Time, other | 1,490.4 |  |  | 779.8 |
Total interest bearing | 17,513.6 |  |  | 10,701.3 |
Total deposits | $ | 25,073.6 |  |  | $ | 16,269.6 |
Other time deposits include time deposits under $250,000 and deposits obtained through the Company’s participation in the Certificate of Deposit Account Registry Service (“CDARS”). CDARS deposits totaled $36.6 million and $104.5 million as of December 31, 2022 and 2021, respectively. The Company had no brokered deposits as of December 31, 2022 and 2021, respectively As of December 31, 2022 and 2021, the Company had time deposits of $438.0 million and $186.7 million, respectively, that met or exceeded the FDIC insurance limit of $250,000. Maturities of time deposits at December 31, 2022 are as follows:
| Time, $250 and Over |  | Total Time
Due within 3 months or less | $ | 47.8 |  |  | $ | 311.8 |
Due after 3 months and within 6 months | 34.6 |  |  | 215.4 |
Due after 6 months and within 12 months | 283.9 |  |  | 1,005.4 |
Due within 2024 | 55.0 |  |  | 282.8 |
Due within 2025 | 10.7 |  |  | 69.2 |
Due within 2026 | 4.8 |  |  | 27.8 |
Due within 2027 and thereafter | 1.2 |  |  | 16.0 |
Total | $ | 438.0 |  |  | $ | 1,928.4 |
Interest expense on time deposits of $250,000 and over was $2.5 million, $0.9 million, and $2.7 million for the years ended December 31, 2022, 2021, and 2020, respectively.

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
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