XML 67 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
DEPOSITS AND RELATED INTEREST (Tables)
12 Months Ended
Dec. 31, 2023
Deposits and Related Interest [Abstract]  
Schedule of Deposits by Component
Total deposits, including related accrued interest payable, as of December 31, 2023 and 2022 consist of the following:
December 31,
20232022
(In thousands)
Non-interest-bearing demand deposits$2,537,431 $2,630,458 
Interest-bearing savings and demand deposits5,601,099 4,774,265 
Retail certificates of deposit1,083,316 979,545 
Institutional certificates of deposit378,143 172,725 
Total core deposits9,599,989 8,556,993 
Brokered deposits162,180 11,371 
Total deposits$9,762,169 $8,568,364 
Schedule of Interest Expense
Interest expense for 2023, 2022 and 2021 was as follows:
Year Ended December 31,
202320222021
(In thousands)
Demand and savings deposits$48,722 $24,261 $23,713 
Certificates of deposit27,243 7,978 15,301 
$75,965 $32,239 $39,014 
Time Deposit Maturities
Excluding accrued interest of approximately $3.0 million and $682 thousand, the scheduled maturities of certificates of deposit at December 31, 2023 and 2022 are as follows:
December 31, 2023
Year-end amountUninsured amount
(In thousands)
Within one year:
Three months or less$457,533 $115,392 
Over 3 months through 6 months195,902 61,245 
Over 6 months through 1 year329,758 113,524 
983,193 290,161 
Over 1 through 2 years467,348 201,478 
Over 2 through 3 years94,450 13,971 
Over 3 through 4 years29,514 1,379 
Over 4 through 5 years45,575 4,665 
Over 5 years608 — 
$1,620,688 $511,654 
December 31, 2022
Year-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