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v3.23.2

DEPOSITS AND RELATED INTEREST (Tables) | 6 Months Ended
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Jun. 30, 2023
Deposits and Related Interest [Abstract] |
Schedule of Deposits by Component | Total deposits, including related accrued interest payable, as of June 30, 2023 and December 31, 2022 consist of the following:
| June 30, |  | December 31,
| 2023 |  | 2022
| (In thousands)
Non-interest-bearing demand deposits | $ | 2,559,576 |  |  | $ | 2,630,458 |
Interest-bearing savings and demand deposits | 4,671,271 |  |  | 4,774,265 |
Retail certificates of deposit | 1,064,766 |  |  | 979,545 |
Institutional certificates of deposit | 242,413 |  |  | 172,725 |
Total core deposits | 8,538,026 |  |  | 8,556,993 |
Brokered deposits | — |  |  | 11,371 |
Total deposits | $ | 8,538,026 |  |  | $ | 8,568,364 |
Schedule of Interest Expense | Interest expense for the quarters and six month periods ended June 30, 2023 and 2022 was as follows:
| Quarter Ended June 30, | Six-Month Period Ended June 30,
| 2023 |  | 2022 | 2023 |  | 2022 |  |
|  |  |  | (In thousands)
Demand and savings deposits | $ | 10,423 |  |  | $ | 5,101 |  | $ | 19,092 |  |  | $ | 10,077 |  |  |
Certificates of deposit | 5,493 |  |  | 1,843 |  | 9,321 |  |  | 3,908 |  |  |
| $ | 15,916 |  |  | $ | 6,944 |  | $ | 28,413 |  |  | $ | 13,985 |  |  |
Schedule of Maturities of Time Deposits | Excluding accrued interest of approximately $981 thousand and $682 thousand, the scheduled maturities of certificates of deposit at June 30, 2023 and December 31, 2022 are as follows:
June 30, 2023 |
| Period-end amount |  | Uninsured amount
| (In thousands)
Within one year: |  |  |
Three months or less | $ | 187,529 |  |  | $ | 15,557 |
Over 3 months through 6 months | 156,305 |  |  | 48,541 |
Over 6 months through 1 year | 317,407 |  |  | 83,665 |
| 661,241 |  |  | 147,763 |
Over 1 through 2 years | 436,645 |  |  | 181,660 |
Over 2 through 3 years | 126,491 |  |  | 17,268 |
Over 3 through 4 years | 33,355 |  |  | 3,839 |
Over 4 through 5 years | 47,128 |  |  | 2,286 |
Over 5 years | 1,338 |  |  | — |
| $ | 1,306,198 |  |  | $ | 352,816 |
December 31, 2022 |  |  |
| Period-end amount |  | Uninsured amount
| (In thousands)
Within one year: |  |  |
Three months or less | $ | 238,776 |  |  | $ | 29,503 |
Over 3 months through 6 months | 152,940 |  |  | 18,238 |
Over 6 months through 1 year | 262,976 |  |  | 59,093 |
| 654,692 |  |  | 106,834 |
Over 1 through 2 years | 279,034 |  |  | 64,109 |
Over 2 through 3 years | 136,732 |  |  | 26,481 |
Over 3 through 4 years | 51,505 |  |  | 8,276 |
Over 4 through 5 years | 39,888 |  |  | 2,230 |
Over 5 years | 1,108 |  |  | — |
| $ | 1,162,959 |  |  | $ | 207,930 |

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- Definition Tabular disclosure of type of deposit liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (1) -Publisher SEC Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (2) -Publisher SEC Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (3) -Publisher SEC Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (4) -Publisher SEC Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (a) -Subparagraph (5) -Publisher SEC Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (c) -Publisher SEC Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (d) -Publisher SEC Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (1) -Publisher SEC Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2) -Publisher SEC Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i) -Publisher SEC Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(ii) -Publisher SEC Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(iii) -Publisher SEC Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (f) -Subparagraph (2)(i)(iv) -Publisher SEC + Details
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