XML 32 R18.htm IDEA: XBRL DOCUMENT v3.22.0.1

Deposits

12 Months Ended

Dec. 31, 2021

Banking and Thrift, Other Disclosures [Abstract]

Deposits

Deposits

The major types of deposits at December 31, 2021 and 2020 were as follows (dollars in thousands):

						December 31,
						2021												2020
						Amount						Weighted Average Cost						Amount						Weighted Average Cost
Non-interest-bearing						$	2,412,056					—		%				$	2,133,195					—		%
Interest-bearing checking						4,201,736						0.24						3,646,866						0.49
Money market deposit						736,090						0.06						783,521						0.19
Savings						1,607,933						0.03						1,491,251						0.05
Time deposits						775,001						0.95						1,372,783						1.51
Total deposits						$	9,732,816					0.19		%				$	9,427,616					0.43		%

Accrued interest payable related to deposits was $244,000 and $367,000 at December 31, 2021 and 2020, respectively. Time deposits included $145.4 million and $409.5 million in deposits of $250,000 or more at December 31, 2021 and 2020, respectively.

Time deposits at December 31, 2021 mature as follows (in thousands):

For the Year Ending December 31,			Time Deposit Maturities
2022			$	552,666
2023			110,956
2024			67,097
2025			16,417
2026			13,539
Thereafter			14,326
Total			$	775,001

Interest expense on deposits for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands):

						For the Year Ended December 31,
						2021						2020						2019
Interest-bearing checking						$	13,400					$	19,395					$	16,820
Money market deposit						1,105						2,902						4,919
Savings						631						2,505						1,195
Time deposits						10,074						23,488						15,498
Total interest expense on deposits						$	25,210					$	48,290					$	38,432

X

- References

No definition available.

+ Details

Name:	us-gaap_BankingAndThriftOtherDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 405
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.12)
-URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph (e)

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1406

+ Details

Name:	us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration