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Deposits (Tables)
12 Months Ended
Dec. 31, 2024
Deposits [Abstract]  
Composition of Deposits

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

 

 

December 31,

 

 

2024

 

 

2023

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

(Dollars in thousands)

 

Noninterest-bearing deposits

 

$

7,037,096

 

 

 

58.90

%

 

$

7,206,175

 

 

 

63.03

%

Interest-bearing deposits

 

 

 

 

 

 

 

 

 

 

 

 

Investment checking

 

 

551,305

 

 

 

4.61

%

 

 

552,408

 

 

 

4.83

%

Money market

 

 

3,363,804

 

 

 

28.15

%

 

 

2,821,344

 

 

 

24.67

%

Savings

 

 

422,583

 

 

 

3.54

%

 

 

457,320

 

 

 

4.00

%

Time deposits

 

 

573,593

 

 

 

4.80

%

 

 

396,395

 

 

 

3.47

%

Total deposits

 

$

11,948,381

 

 

 

100.00

%

 

$

11,433,642

 

 

 

100.00

%

Scheduled Maturities of Time Certificates of Deposit

At December 31, 2024, the scheduled maturities of time certificates of deposit are as follows.

 

 

December 31, 2024

 

Year of maturity:

 

(Dollars in thousands)

 

2025

 

$

562,275

 

2026

 

 

8,097

 

2027

 

 

1,695

 

2028

 

 

704

 

2029 and thereafter

 

 

822

 

Total

 

$

573,593