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Deposits
12 Months Ended
Dec. 31, 2019
Banking and Thrift [Abstract]  
Deposits
12.
DEPOSITS
The composition of deposits is summarized for the periods presented in the table below.
 
December 31,
 
 
2019
   
2018
 
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
 
(Dollars in thousands)
 
Noninterest-bearing deposits
  $
 5,245,517
     
60.26
%   $
   5,204,787
     
58.96
%
Interest-bearing deposits
   
     
     
     
 
Investment checking
   
454,565
     
5.22
%    
460,972
     
5.22
%
Money market
   
2,158,161
     
24.79
%    
2,236,018
     
25.33
%
Savings
   
400,377
     
4.60
%    
393,769
     
4.46
%
Time deposits
   
446,308
     
5.13
%    
531,944
     
6.03
%
   
 
 
   
 
 
   
 
 
   
 
 
 
Total deposits
  $
 8,704,928
     
100.00
%   $
 8,827,490
     
100.00
%
                                 
Time deposits with balances of $250,000 or more amounted to approximately $107.9 million and $125.4 million at December 31, 2019 and 2018, respectively. Interest expense on such deposits amounted to approximately $926,000, $1.1 million and $545,000, for the years ended December 31, 2019, 2018 and 2017, respectively.
At December 31, 2019, the scheduled maturities of time certificates of deposit are as follows.
 
 
  December 31, 2019  
 
Year of maturity:
 
(Dollars in thousands)
 
2020
  $
 367,102
 
2021
   
58,488
 
2022
   
9,487
 
2023
   
1,616
 
2024 and thereafter
   
9,615
 
   
 
 
 
Total
  $
 446,308