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Deposits (Tables) | 9 Months Ended
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Sep. 30, 2023
Deposits [Abstract] |
Schedule of composition of deposits | The composition of Busey’s deposits is as follows (dollars in thousands):
| As of
| September 30, 2023 |  | December 31, 2022
Deposits |  |  |
Noninterest-bearing demand deposits | $ | 2,918,574 |  |  | $ | 3,393,666 |
Interest-bearing transaction deposits | 2,856,192 |  |  | 2,857,818 |
Saving deposits and money market deposits | 2,890,944 |  |  | 2,964,421 |
Time deposits | 1,666,652 |  |  | 855,375 |
Total deposits | $ | 10,332,362 |  |  | $ | 10,071,280 |
Additional information about Busey’s deposits follows (dollars in thousands):
| As of
| September 30, 2023 |  | December 31, 2022
Brokered savings deposits and money market deposits | $ | 6,055 |  |  | $ | 1,303 |
Brokered time deposits | 283 |  |  | 275 |
Aggregate amount of time deposits with a minimum denomination of $100,000 | 976,513 |  |  | 416,445 |
Aggregate amount of time deposits with a minimum denomination that meets or exceeds the FDIC insurance limit of $250,000 | 350,276 |  |  | 120,377 |
Schedule of maturities of time deposits | Scheduled maturities of time deposits are as follows (dollars in thousands):
| As of September 30, 2023
Time deposits by schedule of maturities |
Remainder of 2023 | $ | 251,302 |
2024 | 1,322,335 |
2025 | 52,337 |
2026 | 19,438 |
2027 | 12,888 |
2028 | 7,813 |
Thereafter | 539 |
Time deposits | $ | 1,666,652 |

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- Definition Tabular disclosure for deposit liabilities classified by their types and nature. + References No definition available. + Details
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- Definition Tabular disclosure for time deposits and the aggregate amount of maturities for each of the five years following the balance sheet date. + References No definition available. + Details
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