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DEPOSITS

12 Months Ended

Dec. 31, 2022

Deposits [Abstract]

DEPOSITS

Deposits consist of the following at December 31, 2022 and 2021 (in thousands):

			December 31
			2022						2021
Non-interest-bearing checking			$	6,176,998					$	6,385,177
Interest-bearing checking			1,811,153						1,947,414
Regular savings accounts			2,710,090						2,784,716
Money market accounts			2,198,288						2,370,995
Total interest-bearing transaction and savings accounts			6,719,531						7,103,125
Certificates of deposit:
Certificates of deposit greater than or equal to $250,000			178,324						184,515
Certificates of deposit less than $250,000			545,206						654,116
Total certificates of deposit			723,530						838,631
Total deposits			$	13,620,059					$	14,326,933
Included in total deposits:
Public fund transaction accounts			$	392,859					$	353,874
Public fund interest-bearing certificates			26,810						39,961
Total public deposits			$	419,669					$	393,835

Deposits at December 31, 2022 and 2021 included deposits from the Company’s directors, executive officers and related entities totaling $9.7 million and $13.1 million, respectively.

Scheduled maturities and weighted average interest rates of certificates of deposits at December 31, 2022 are as follows (dollars in thousands):

			December 31, 2022
			Amount						Weighted Average Rate
Maturing in one year or less			$	531,643					0.48		%
Maturing after one year through two years			142,993						1.91
Maturing after two years through three years			33,779						0.54
Maturing after three years through four years			8,638						0.39
Maturing after four years through five years			5,098						0.35
Maturing after five years			1,379						0.78
Total certificates of deposit			$	723,530					0.76		%

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- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 405
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.12)
-URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph (e)

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1406

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X

- References

No definition available.

+ Details

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