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DEPOSITS AND RELATED INTEREST (Tables)
6 Months Ended
Jun. 30, 2024
Deposits and Related Interest [Abstract]  
Schedule of Deposits by Component
Total deposits, including related accrued interest payable, as of June 30, 2024 and December 31, 2023 consist of the following:
June 30, 2024December 31, 2023
(In thousands)
Non-interest-bearing demand deposits$2,608,902 $2,537,431 
Interest-bearing savings and demand deposits5,410,804 5,601,099 
Retail certificates of deposit1,142,257 1,083,316 
Institutional certificates of deposit442,869 378,143 
Total core deposits9,604,832 9,599,989 
Brokered deposits418 162,180 
Total deposits$9,605,250 $9,762,169 
Schedule of Interest Expense
Interest expense for the quarters and six-month periods ended June 30, 2024 and 2023 was as follows:
Quarter Ended June 30,Six-Month Period Ended June 30,
2024202320242023
(In thousands)
Demand and savings deposits$26,682 $10,423 $52,748 $19,092 
Certificates of deposit11,130 5,493 21,856 9,321 
$37,812 $15,916 $74,604 $28,413 
Schedule of Time Deposit Maturities
Excluding accrued interest of approximately $1.8 million and $3.0 million, the scheduled maturities of certificates of deposit at June 30, 2024 and December 31, 2023 are as follows:
June 30, 2024
Period-end amount
Uninsured amount
(In thousands)
Within one year:
Three months or less$312,747 $137,864 
Over 3 months through 6 months227,691 95,415 
Over 6 months through 1 year590,451 250,814 
1,130,889 484,093 
Over 1 through 2 years308,181 93,103 
Over 2 through 3 years66,580 7,465 
Over 3 through 4 years38,804 1,699 
Over 4 through 5 years38,808 4,971 
Over 5 years527 — 
$1,583,789 $591,331 
December 31, 2023
Period-end amount
Uninsured 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