XML 34 R27.htm IDEA: XBRL DOCUMENT v3.20.1
DEPOSITS (Tables)
3 Months Ended
Mar. 31, 2020
Deposits [Abstract]  
Schedule of Details of Total Deposits

The following table sets forth the details of total deposits as of March 31, 2020 and December 31, 2019:

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing demand deposits

 

$

581,085

 

 

 

13.08

%

 

$

529,281

 

 

 

12.47

%

Interest-bearing checking (1)

 

 

1,680,452

 

 

 

37.83

 

 

 

1,510,363

 

 

 

35.59

 

Savings

 

 

112,668

 

 

 

2.54

 

 

 

112,652

 

 

 

2.66

 

Money market

 

 

1,163,410

 

 

 

26.20

 

 

 

1,196,313

 

 

 

28.19

 

Certificates of deposit - retail

 

 

651,000

 

 

 

14.66

 

 

 

633,763

 

 

 

14.94

 

Certificates of deposit - listing service

 

 

38,895

 

 

 

0.88

 

 

 

47,430

 

 

 

1.12

 

Subtotal deposits

 

 

4,227,510

 

 

 

95.19

 

 

 

4,029,802

 

 

 

94.97

 

Interest-bearing demand - Brokered

 

 

180,000

 

 

 

4.05

 

 

 

180,000

 

 

 

4.24

 

Certificates of deposit - Brokered

 

 

33,723

 

 

 

0.76

 

 

 

33,709

 

 

 

0.79

 

Total deposits

 

$

4,441,233

 

 

 

100.00

%

 

$

4,243,511

 

 

 

100.00

%

 

(1)

Interest-bearing checking includes $569.4 million at March 31, 2020 and $423.8 million at December 31, 2019 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace program.

Scheduled Maturities of Time Deposits

 

The scheduled maturities of certificates of deposit, including brokered certificates of deposit, as of March 31, 2020 are as follows:

 

(In thousands)

 

 

 

 

2020

 

$

366,756

 

2021

 

 

237,175

 

2022

 

 

53,539

 

2023

 

 

8,771

 

2024

 

 

29,239

 

Over 5 Years

 

 

28,138

 

Total

 

$

723,618