XML 52 R42.htm IDEA: XBRL DOCUMENT v3.23.2
DEPOSITS AND RELATED INTEREST (Tables)
6 Months Ended
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,
20232022
(In thousands)
Non-interest-bearing demand deposits$2,559,576 $2,630,458 
Interest-bearing savings and demand deposits4,671,271 4,774,265 
Retail certificates of deposit1,064,766 979,545 
Institutional certificates of deposit242,413 172,725 
Total core deposits8,538,026 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,
2023202220232022
(In thousands)
Demand and savings deposits$10,423 $5,101 $19,092 $10,077 
Certificates of deposit5,493 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 amountUninsured amount
(In thousands)
Within one year:
Three months or less$187,529 $15,557 
Over 3 months through 6 months156,305 48,541 
Over 6 months through 1 year317,407 83,665 
661,241 147,763 
Over 1 through 2 years436,645 181,660 
Over 2 through 3 years126,491 17,268 
Over 3 through 4 years33,355 3,839 
Over 4 through 5 years47,128 2,286 
Over 5 years1,338 — 
$1,306,198 $352,816 
December 31, 2022
Period-end amountUninsured amount
(In thousands)
Within one year:
Three months or less$238,776 $29,503 
Over 3 months through 6 months152,940 18,238 
Over 6 months through 1 year262,976 59,093 
654,692 106,834 
Over 1 through 2 years279,034 64,109 
Over 2 through 3 years136,732 26,481 
Over 3 through 4 years51,505 8,276 
Over 4 through 5 years39,888 2,230 
Over 5 years1,108 — 
$1,162,959 $207,930