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Deposits (Tables)
12 Months Ended
Dec. 31, 2025
Other Liabilities [Abstract]  
Schedule of Deposits
Deposits as of December 31, 2025 and 2024 are summarized as follows (in thousands):
2025
Weighted
average
interest rate
2024
Weighted
average
interest rate
Savings deposits$1,589,259 0.24 %$1,679,667 0.22 %
Money market accounts3,693,285 2.46 3,364,564 2.67 
NOW accounts (1)
6,994,610 2.42 6,622,642 2.64 
Non-interest bearing deposits3,714,253 — 3,788,785 — 
Certificates of deposit (2)
3,287,276 3.54 3,168,155 4.10 
Total deposits$19,278,683 $18,623,813 
(1) The Bank's insured cash sweep product totaled $1.08 billion and $1.16 billion as of December 31, 2025 and December 31, 2024, respectively, and are reported within NOW accounts.
(2)Time deposits equal to or in excess of $250,000 were $930.0 million and $789.0 million as of December 31, 2025 and December 31, 2024, respectively. Additionally, the Bank's reciprocal Certificate of Deposit Account Registry Service product totaled $2.5 million and $3.5 million as of December 31, 2025 and December 31, 2024, respectively.
Schedule of Maturities of Certificates of Deposit Scheduled maturities of certificates of deposit accounts as of December 31, 2025 and 2024 are as follows (in thousands):
20252024
Within one year$3,162,440 3,045,860 
One to three years115,425 110,684 
Three to five years9,375 11,608 
Five years and thereafter36 
$3,287,276 3,168,155 
Schedule of Interest Expense on Deposits
Interest expense on deposits for the years ended December 31, 2025, 2024 and 2023 is summarized as follows (in thousands):
 Years ended December 31,
 202520242023
Savings deposits$3,609 3,443 2,184 
NOW and money market accounts273,101 245,874 125,471 
Certificates of deposits123,293 100,206 31,804 
$400,003 349,523 159,459