XML 39 R19.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Note 11 - Deposits | 12 Months Ended
--- | ---
Dec. 31, 2023
Notes to Financial Statements |
Deposit Liabilities Disclosures [Text Block] | (11) Deposits The composition of deposits follows:
December 31, (in thousands) |  | 2023 |  |  | 2022 |
Non-interest bearing demand deposits |  | $ | 1,548,624 |  |  | $ | 1,950,198 |
Interest bearing deposits: |  |  |  |  |  |  |  |
Interest bearing demand |  |  | 2,480,357 |  |  |  | 2,308,960 |
Savings |  |  | 438,834 |  |  |  | 535,903 |
Money market |  |  | 1,219,656 |  |  |  | 1,124,100 |
Time deposit accounts of $250,000 or more |  |  | 279,474 |  |  |  | 97,638 |
Other time deposits |  |  | 703,803 |  |  |  | 374,453 |
Total time deposits(1) |  |  | 983,277 |  |  |  | 472,091 |
Total interest bearing deposits |  |  | 5,122,124 |  |  |  | 4,441,054 |
Total deposits |  | $ | 6,670,748 |  |  | $ | 6,391,252 |
(1) | Includes $597,000 and $599,000 in brokered deposits as of December 31, 2023 and 2022, respectively.
Interest expense related to time deposits in denominations of $250,000 or more was $5.1 million, $472,000 and $464,000 for the years ended December 31, 2023, 2022 and 2021, respectively. At December 31, 2023, the scheduled maturities of all time deposits were as follows:
(in thousands) |  |  |  |
2024 |  | $ | 862,913 |
2025 |  |  | 98,703 |
2026 |  |  | 9,320 |
2027 |  |  | 7,838 |
2028 |  |  | 4,503 |
Total time deposits |  | $ | 983,277 |
Deposits of directors and their associates, including deposits of companies for which directors are principal owners, and executive officers were $61 million and $59 million at December 31, 2023 and 2022, respectively. At December 31, 2023 and 2022, Bancorp had $661,000 and $913,000 of deposits accounts in overdraft status and thus have been reclassified to loans on the accompanying consolidated balance sheets.

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 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481047/942-405-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + 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