XML 53 R43.htm IDEA: XBRL DOCUMENT v3.23.3
DEPOSITS AND RELATED INTEREST (Tables)
 9 Months Ended
Sep. 30, 2023
Deposits and Related Interest [Abstract]  
Schedule of Deposits by Component
Total deposits, including related accrued interest payable, as of September 30, 2023 and December 31, 2022 consist of the following:
September 30,December 31,
20232022
(In thousands)
Non-interest-bearing demand deposits$2,571,068 $2,630,458 
Interest-bearing savings and demand deposits4,540,052 4,774,265 
Retail certificates of deposit1,075,238 979,545 
Institutional certificates of deposit352,259 172,725 
Total core deposits8,538,617 8,556,993 
Brokered deposits2,936 11,371 
Total deposits$8,541,553 $8,568,364 
Schedule of Interest Expense Interest expense for the quarters and nine-month periods ended September 30, 2023 and 2022 was as follows:
Quarter Ended September 30,Nine-Month Period Ended September 30,
2023202220232022
(In thousands)
Demand and savings deposits$13,772 $6,299 $32,864 $16,376 
Certificates of deposit7,047 1,688 16,368 5,596 
$20,819 $7,987 $49,232 $21,972 
Time Deposit Maturities
Excluding accrued interest of approximately $1.3 million and $682 thousand, the scheduled maturities of certificates of deposit at September 30, 2023 and December 31, 2022 are as follows:
September 30, 2023
Period-end amountUninsured amount
(In thousands)
Within one year:
Three months or less$260,003 $81,888 
Over 3 months through 6 months196,868 81,844 
Over 6 months through 1 year311,164 88,901 
768,035 252,633 
Over 1 through 2 years476,048 203,379 
Over 2 through 3 years107,977 12,130 
Over 3 through 4 years29,362 2,657 
Over 4 through 5 years46,117 2,939 
Over 5 years1,625 — 
$1,429,164 $473,738 
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