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Deposits (Tables)
12 Months Ended
Dec. 31, 2021
Deposits [Abstract]  
Composition of Deposits

The composition of deposits is summarized for the periods presented in the table below.

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

 

(Dollars in thousands)

 

Noninterest-bearing deposits

 

$

8,104,056

 

 

 

62.45

%

 

$

7,455,387

 

 

 

63.52

%

Interest-bearing deposits

 

 

 

 

 

 

 

 

 

 

 

 

Investment checking

 

 

655,333

 

 

 

5.05

%

 

 

517,976

 

 

 

4.42

%

Money market

 

 

3,342,531

 

 

 

25.76

%

 

 

2,869,348

 

 

 

24.45

%

Savings

 

 

546,840

 

 

 

4.21

%

 

 

492,096

 

 

 

4.19

%

Time deposits

 

 

327,682

 

 

 

2.53

%

 

 

401,694

 

 

 

3.42

%

Total deposits

 

$

12,976,442

 

 

 

100.00

%

 

$

11,736,501

 

 

 

100.00

%

Scheduled Maturities of Time Certificates of Deposit

At December 31, 2020, the scheduled maturities of time certificates of deposit are as follows.

 

 

 

December 31, 2021

 

Year of maturity:

 

(Dollars in thousands)

 

2022

 

$

304,007

 

2023

 

 

11,457

 

2024

 

 

1,681

 

2025

 

 

7,984

 

2026 and thereafter

 

 

2,553

 

Total

 

$

327,682