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DEPOSITS | 6 Months Ended
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Jun. 30, 2023
DEPOSITS |
DEPOSITS | NOTE 10: DEPOSITS ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2023 |  | 2022
​ | ​ | (In Thousands)
Time Deposits: | ​ | ​ | ​ | ​ | ​ | ​
0.00% - 0.99% | ​ | $ | 138,388 | ​ | $ | 280,784
1.00% - 1.99% | ​ |  | 32,304 | ​ |  | 125,951
2.00% - 2.99% | ​ |  | 23,642 | ​ |  | 381,547
3.00% - 3.99% | ​ |  | 289,779 | ​ |  | 228,131
4.00% - 4.99% | ​ | ​ | 488,023 | ​ | ​ | 4,883
5.00% and above | ​ | ​ | 7,962 | ​ | ​ | —
Total time deposits (weighted average rate 3.30% and 1.93%) | ​ |  | 980,098 | ​ |  | 1,021,296
Non-interest-bearing demand deposits | ​ |  | 980,533 | ​ |  | 1,063,588
Interest-bearing demand and savings deposits (weighted average rate 1.35% and 0.65%) | ​ |  | 2,194,220 | ​ |  | 2,188,535
Brokered deposits (weighted average rate 4.90% and 4.03%) | ​ | ​ | 669,720 | ​ | ​ | 411,491
Total Deposits | ​ | $ | 4,824,571 | ​ | $ | 4,684,910
​ The Bank utilizes brokered deposits as an additional funding source. The aggregate amount of brokered deposits was approximately $669.7 million and $411.5 million at June 30, 2023 and December 31, 2022, respectively. At June 30, 2023 and December 31, 2022, brokered deposits included $300.0 million and $150.0 million, respectively, of purchased funds through the IntraFi Financial network. These IntraFi Financial deposits have a rate of interest that floats daily with an index of effective federal funds rate plus a spread. At June 30, 2023, there were additional brokered deposits totaling $133.8 million that had variable rates of interest that reset monthly or quarterly and there were other brokered deposits totaling $185.5 million that had fixed rates of interest but are callable at the Bank’s discretion. At June 30, 2023, approximately 28% of the Company’s total deposits were uninsured, when including deposit accounts of consolidated subsidiaries of the Company and collateralized deposits of unaffiliated entities. Excluding deposit accounts of the Company’s consolidated subsidiaries, approximately 15% of the Company’s total deposits were uninsured at June 30, 2023.

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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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