XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

DEPOSITS | 6 Months Ended
--- | ---
Jun. 30, 2024
Deposits [Abstract] |
DEPOSITS | NOTE 5. DEPOSITS The composition of Busey’s deposits is presented in the table below (dollars in thousands):
| As of
| June 30, 2024 |  | December 31, 2023
Deposits |  |  |
Noninterest-bearing demand deposits | $ | 2,832,776 |  |  | $ | 2,834,655 |
Interest-bearing transaction deposits | 2,388,748 |  |  | 2,717,139 |
Saving deposits and money market deposits | 3,230,722 |  |  | 2,920,088 |
Time deposits | 1,523,889 |  |  | 1,819,274 |
Total deposits | $ | 9,976,135 |  |  | $ | 10,291,156 |
Additional information about Busey’s deposits follows (dollars in thousands):
| As of
| June 30, 2024 |  | December 31, 2023
Brokered savings deposits and money market deposits | $ | 6,001 |  |  | $ | 6,001 |
Brokered time deposits | 37,539 |  |  | 285 |
Aggregate amount of time deposits with a minimum denomination of $100,000 | 845,570 |  |  | 1,072,189 |
Aggregate amount of time deposits with a minimum denomination that meets or exceeds the FDIC insurance limit of $250,000 | 314,461 |  |  | 386,286 |
Scheduled maturities of time deposits are as follows (dollars in thousands):
| As of June 30, 2024
Time deposits by schedule of maturities |
Remainder of 2024 | $ | 1,024,010 |
2025 | 447,064 |
2026 | 25,134 |
2027 | 13,836 |
2028 | 9,117 |
2029 | 4,280 |
Thereafter | 448 |
Time deposits | $ | 1,523,889 |

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/1943274/2147478353/942-405-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph e -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC + 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_DepositsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration