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Deposits | 12 Months Ended
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Dec. 31, 2022
Deposits [Abstract] |
Deposits | Note 8 — Deposits Time deposits of $250,000 or more at year-end 2022 and 2021 were $697.0 million and $208.5 million, respectively. At December 31, 2022, the scheduled maturities of time deposits were as follows:
Year Ending December 31, |  | Time Deposits of $250,000 or More |  |  | Other Time Deposits |  |  | Total |
|  | (in thousands) |
2023 |  | $ | 696,470 |  |  | $ | 1,185,020 |  |  | $ | 1,881,490 |
2024 |  |  | — |  |  |  | 68,037 |  |  |  | 68,037 |
2025 |  |  | 266 |  |  |  | 3,151 |  |  |  | 3,417 |
2026 |  |  | 263 |  |  |  | 2,430 |  |  |  | 2,693 |
2027 & thereafter |  |  | — |  |  |  | 570 |  |  |  | 570 |
Total |  | $ | 696,999 |  |  | $ | 1,259,208 |  |  | $ | 1,956,207 |
A summary of interest expense on deposits was as follows for the periods indicated:
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | (in thousands) |
Demand: interest-bearing |  | $ | 100 |  |  | $ | 61 |  |  | $ | 70 |
Money market and savings |  |  | 12,753 |  |  |  | 5,199 |  |  |  | 11,016 |
Time deposits of $250,000 or more |  |  | 4,457 |  |  |  | 726 |  |  |  | 3,521 |
Other time deposits |  |  | 8,628 |  |  |  | 5,669 |  |  |  | 19,387 |
Total interest expense on deposits |  | $ | 25,938 |  |  | $ | 11,655 |  |  | $ | 33,994 |
Accrued interest payable on deposits was $7.8 million and $1.2 million at December 31, 2022 and 2021, respectively. Total deposits reclassified to loans due to overdrafts at December 31, 2022 and 2021 were $1.2 million and $0.3 million, respectively.

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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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- References No definition available. + Details
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