XML 29 R14.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Note 7 - Deposits | 12 Months Ended
--- | ---
Dec. 31, 2021
Notes to Financial Statements |
Deposit Liabilities Disclosures [Text Block] | 7. Deposits The following table displays deposit balances as of December 31, 2021, and December 31, 2020:
|  | As of December 31, |
|  | 2021 |  |  | 2020 |
|  | (In thousands) |
Deposits |  |  |  |  |  |  |  |
Non-interest-bearing demand deposits |  | $ | 4,492,054 |  |  | $ | 3,365,086 |
Interest bearing demand deposits |  |  | 2,522,442 |  |  |  | 1,926,135 |
Money market deposits |  |  | 4,611,579 |  |  |  | 3,359,191 |
Savings deposits |  |  | 915,515 |  |  |  | 785,672 |
Time deposits |  |  | 5,517,252 |  |  |  | 6,673,317 |
Total deposits |  | $ | 18,058,842 |  |  | $ | 16,109,401 |
Time deposits outstanding as of December 31, 2021, mature as follows.
|  | Expected Maturity Date at December 31, |  |  |  |  |
|  | 2022 |  |  | 2023 |  |  | 2024 |  |  | 2025 |  |  | 2026 |  |  | Thereafter |  |  | Total |
|  | (In thousands) |
Time deposits |  | $ | 5,318,805 |  |  | $ | 139,735 |  |  | $ | 58,088 |  |  | $ | 144 |  |  | $ | 467 |  |  | $ | 13 |  |  | $ | 5,517,252 |
Accrued interest payable on customer deposits was $1.7 million at December 31, 2021, $8.5 million at December 31, 2020, and $22.3 million at December 31, 2019. The following table summarizes the interest expense on deposits by account type for the years ended December 31, 2021, 2020, and 2019:
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  | (In thousands) |
Interest bearing demand |  | $ | 2,249 |  |  | $ | 2,816 |  |  | $ | 2,371 |
Money market accounts |  |  | 18,241 |  |  |  | 21,574 |  |  |  | 21,508 |
Saving accounts |  |  | 769 |  |  |  | 1,006 |  |  |  | 1,432 |
Time deposits |  |  | 40,542 |  |  |  | 111,629 |  |  |  | 152,791 |
Total |  | $ | 61,801 |  |  | $ | 137,025 |  |  | $ | 178,102 |
The aggregate amount of domestic time deposits in denominations that meet or exceed the current FDIC insurance limit of $250 thousand was $2.7 billion and $2.9 billion as of December 31, 2021, and 2020, respectively. Foreign offices’ time deposits of $156.9 million and $142.8 million as of December 31, 2021, and 2020, respectively, were in denominations of greater than $250 thousand.

X
- 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
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration