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Deposits | 12 Months Ended
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Dec. 31, 2023
Deposits [Abstract] |
Deposits | DEPOSITS Deposits are summarized as follows:
December 31, | 2023 |  | 2022
Non-interest bearing demand | $ | 6,029.6 |  |  | $ | 7,560.0 |
Interest bearing: |  |  |
Demand | 6,507.8 |  |  | 7,205.9 |
Savings | 7,775.8 |  |  | 8,379.3 |
Time, $250 and over | 811.6 |  |  | 438.0 |
Time, other | 2,198.3 |  |  | 1,490.4 |
Total interest bearing | 17,293.5 |  |  | 17,513.6 |
Total deposits | $ | 23,323.1 |  |  | $ | 25,073.6 |
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 $26.6 million and $36.6 million as of December 31, 2023 and 2022, respectively. The Company had no brokered deposits as of December 31, 2023 and $12.5 million of brokered deposits as of December 31, 2022. As of December 31, 2023 and 2022, the Company had time deposits of $811.6 million and $438.0 million, respectively, that met or exceeded the FDIC insurance limit of $250,000. Maturities of time deposits at December 31, 2023 are as follows:
| Time, $250 and Over |  | Total Time
Due within 3 months or less | $ | 219.7 |  |  | $ | 770.4 |
Due after 3 months and within 6 months | 233.9 |  |  | 854.0 |
Due after 6 months and within 12 months | 279.5 |  |  | 1,024.3 |
Due within 2025 | 62.8 |  |  | 277.1 |
Due within 2026 | 9.1 |  |  | 48.2 |
Due within 2027 | 4.9 |  |  | 28.4 |
Due within 2028 and thereafter | 1.7 |  |  | 7.5 |
Total | $ | 811.6 |  |  | $ | 3,009.9 |
Interest expense on time deposits of $250,000 and over was $21.5 million, $2.5 million, and $0.9 million for the years ended December 31, 2023, 2022, and 2021, 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 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481047/942-405-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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