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Deposits | 12 Months Ended
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Dec. 31, 2022
Banking and Thrift, Other Disclosure [Abstract] |
Deposits | Deposits The major types of deposits at December 31, 2022 and 2021 were as follows (dollars in thousands):
|  | December 31,
|  | 2022 |  | 2021
|  | Amount |  | Weighted Average Cost |  | Amount |  | Weighted Average Cost
Non-interest-bearing |  | $ | 2,101,308 |  |  | — | % |  | $ | 2,412,056 |  |  | — | %
Interest-bearing checking |  | 3,829,683 |  |  | 0.45 |  |  | 4,201,736 |  |  | 0.24 |
Money market deposit |  | 714,386 |  |  | 0.57 |  |  | 736,090 |  |  | 0.06 |
Savings |  | 1,487,809 |  |  | 0.07 |  |  | 1,607,933 |  |  | 0.03 |
Time deposits |  | 1,542,020 |  |  | 2.34 |  |  | 775,001 |  |  | 0.95 |
Total deposits |  | $ | 9,675,206 |  |  | 0.60 | % |  | $ | 9,732,816 |  |  | 0.19 | %
Accrued interest payable related to deposits was $2.0 million and $244,000 at December 31, 2022 and 2021, respectively. Time deposits included $117.7 million and $145.4 million in deposits of $250,000 or more at December 31, 2022 and 2021, respectively. Time deposits also include brokered deposits of $873.4 million and $25.0 million at December 31, 2022 and 2021, respectively. Time deposits at December 31, 2022 mature as follows (in thousands):
For the Year Ending December 31, | Time Deposit Maturities
2023 | $ | 1,042,730 |
2024 | 381,548 |
2025 | 81,524 |
2026 | 10,747 |
2027 | 19,565 |
Thereafter | 5,906 |
Total | $ | 1,542,020 |
Interest expense on deposits for the years ended December 31, 2022, 2021 and 2020 was as follows (in thousands):
|  | For the Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
Interest-bearing checking |  | $ | 11,344 |  |  | $ | 13,400 |  |  | $ | 19,395 |
Money market deposit |  | 2,234 |  |  | 1,105 |  |  | 2,902 |
Savings |  | 758 |  |  | 631 |  |  | 2,505 |
Time deposits |  | 16,685 |  |  | 10,074 |  |  | 23,488 |
Total interest expense on deposits |  | $ | 31,021 |  |  | $ | 25,210 |  |  | $ | 48,290 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI https://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 https://asc.fasb.org/extlink&oid=126897435&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
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