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Deposits (Tables) | 12 Months Ended
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Dec. 31, 2024
Deposits [Abstract] |
Scheduled Maturities of Time Deposits | At December 31, 2024, the scheduled maturities of time deposits were as follows:
Year Ending December 31, |  | Time Deposits More Than $250,000 |  |  | Other Time Deposits |  |  | Total |
|  | (in thousands) |
2025 |  | $ | 1,002,785 |  |  | $ | 1,254,185 |  |  | $ | 2,256,970 |
2026 |  |  | 264 |  |  |  | 19,112 |  |  |  | 19,376 |
2027 |  |  | — |  |  |  | 48,630 |  |  |  | 48,630 |
2028 |  |  | — |  |  |  | 130 |  |  |  | 130 |
2029 & thereafter |  |  | — |  |  |  | 177 |  |  |  | 177 |
Total |  | $ | 1,003,049 |  |  | $ | 1,322,234 |  |  | $ | 2,325,283 |
Summary of Interest Expense on Deposits | A summary of interest expense on deposits was as follows for the periods indicated:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (in thousands) |
Demand: interest-bearing |  | $ | 119 |  |  | $ | 117 |  |  | $ | 100 |
Money market and savings |  |  | 68,304 |  |  |  | 44,066 |  |  |  | 12,753 |
Time deposits more than $250,000 |  |  | 48,779 |  |  |  | 42,762 |  |  |  | 4,457 |
Other time deposits |  |  | 65,490 |  |  |  | 47,763 |  |  |  | 8,628 |
Total interest expense on deposits |  | $ | 182,692 |  |  | $ | 134,708 |  |  | $ | 25,938 |

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