XML 60 R43.htm IDEA: XBRL DOCUMENT v3.22.4
Deposits (Tables)
 12 Months Ended
Dec. 31, 2022
Deposits [Abstract]  
Summary of Deposits

A summary of deposits as of December 31 are as follows (in thousands):

 

 

 

2022

 

 

2021

 

Noninterest-bearing demand

 

$

1,139,214

 

 

$

1,107,561

 

Interest-bearing demand

 

 

863,822

 

 

 

864,528

 

Savings and money market

 

 

1,643,516

 

 

 

1,933,047

 

Time deposits, due:

 

 

 

 

 

 

Within one year

 

 

1,238,202

 

 

 

880,892

 

One to two years

 

 

35,046

 

 

 

23,572

 

Two to three years

 

 

4,952

 

 

 

9,881

 

Three to four years

 

 

3,386

 

 

 

6,485

 

Four to five years

 

 

1,286

 

 

 

1,124

 

Thereafter

 

 

-

 

 

 

-

 

Total time deposits

 

 

1,282,872

 

 

 

921,954

 

Total deposits

 

$

4,929,424

 

 

$

4,827,090

 
Interest Expense by Deposits Type

Interest expense by deposit type for the years ended December 31 is summarized as follows (in thousands):

 

 

 

2022

 

 

2021

 

 

2020

 

Interest-bearing demand

 

$

2,180

 

 

$

1,156

 

 

$

1,091

 

Savings and money market

 

 

9,778

 

 

 

3,363

 

 

 

4,788

 

Time deposits

 

 

11,036

 

 

 

3,599

 

 

 

11,943

 

Total interest expense on deposits

 

$

22,994

 

 

$

8,118

 

 

$

17,822