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DEPOSITS (Tables) | 12 Months Ended
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Dec. 31, 2024
Deposits [Abstract] |
Schedule of Composition of Deposits | The composition of Busey’s deposits is as follows (dollars in thousands):
| As of December 31,
| 2024 |  | 2023
Deposits |  |  |
Noninterest-bearing demand deposits | $ | 2,719,907 |  |  | $ | 2,834,655 |
Interest-bearing transaction deposits | 2,423,237 |  |  | 2,717,139 |
Saving deposits and money market deposits | 3,348,711 |  |  | 2,920,088 |
Time deposits | 1,490,635 |  |  | 1,819,274 |
Total deposits | $ | 9,982,490 |  |  | $ | 10,291,156 |
Additional information about Busey’s deposits follows (dollars in thousands):
| As of December 31,
| 2024 |  | 2023
Brokered savings deposits and money market deposits | $ | 6,002 |  |  | $ | 6,001 |
Brokered time deposits | 7,088 |  |  | 285 |
Total time deposits with a minimum denomination of $100,000 | 860,193 |  |  | 1,072,189 |
Total time deposits with a minimum denomination that meets or exceeds the FDIC insurance limit of $250,000 | 334,503 |  |  | 386,286 |
Schedule of Maturities of Time Deposits | Scheduled maturities of time deposits are as follows (dollars in thousands):
| As of December 31, 2024
Time deposits by schedule of maturities |
2025 | $ | 1,427,748 |
2026 | 33,459 |
2027 | 14,964 |
2028 | 8,178 |
2029 | 5,838 |
Thereafter | 448 |
Time deposits | $ | 1,490,635 |

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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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