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Deposits | 12 Months Ended
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Dec. 31, 2023
Deposits, by Component, Alternative [Abstract] |
DEPOSITS | DEPOSITS The following table presents the composition of deposits at December 31 and interest expense for the years ended December 31:
| 2023 |  | 2022 |  | 2021
(dollars in thousands) | Balance |  | Interest Expense |  | Balance |  | Interest Expense |  | Balance |  | Interest Expense
Noninterest-bearing demand | $ | 2,221,942 |  |  | $ | — |  |  | $ | 2,588,692 |  |  | $ | — |  |  | $ | 2,748,586 |  |  | $ | — |
Interest-bearing demand | 825,787 |  |  | 6,056 |  |  | 846,653 |  |  | 1,025 |  |  | 979,133 |  |  | 809 |
Money market | 1,941,842 |  |  | 39,480 |  |  | 1,731,521 |  |  | 11,948 |  |  | 2,070,579 |  |  | 3,652 |
Savings | 950,546 |  |  | 4,352 |  |  | 1,118,511 |  |  | 1,121 |  |  | 1,110,155 |  |  | 366 |
Certificates of deposit | 1,581,652 |  |  | 42,948 |  |  | 934,593 |  |  | 5,813 |  |  | 1,088,071 |  |  | 5,930 |
Total | $ | 7,521,769 |  |  | $ | 92,836 |  |  | $ | 7,219,970 |  |  | $ | 19,907 |  |  | $ | 7,996,524 |  |  | $ | 10,757 |
The aggregate of all certificates of deposits over $250,000, including brokered CDs, were $350.7 million at December 31, 2023 and $219.2 million at December 31, 2022. The following table indicates the scheduled maturities of certificates of deposit at December 31, 2023:
(dollars in thousands) | Amount
2024 | $ | 1,320,588 |
2025 | 218,385 |
2026 | 20,805 |
2027 | 11,260 |
2028 | 7,839 |
Thereafter | 2,775 |
Total | $ | 1,581,652 |

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481047/942-405-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) -Publisher SEC Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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