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DEPOSITS | 3 Months Ended
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Mar. 31, 2021
Deposits [Abstract] |
DEPOSITS | 4. DEPOSITS Certificates of deposit, over $250,000, totaled $164.1 million and $186.3 million at March 31, 2021 and December 31, 2020, respectively. These totals exclude brokered certificates of deposit. The following table sets forth the details of total deposits as of March 31, 2021 and December 31, 2020:
|  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing demand deposits |  | $ | 908,922 |  |  |  | 18.38 | % |  | $ | 833,500 |  |  |  | 17.30 | %
Interest-bearing checking (1) |  |  | 1,987,567 |  |  |  | 40.19 |  |  |  | 1,849,254 |  |  |  | 38.38 |
Savings |  |  | 141,743 |  |  |  | 2.87 |  |  |  | 130,731 |  |  |  | 2.71 |
Money market |  |  | 1,256,605 |  |  |  | 25.41 |  |  |  | 1,298,885 |  |  |  | 26.96 |
Certificates of deposit - retail |  |  | 474,668 |  |  |  | 9.60 |  |  |  | 530,222 |  |  |  | 11.00 |
Certificates of deposit - listing service |  |  | 31,631 |  |  |  | 0.64 |  |  |  | 32,128 |  |  |  | 0.67 |
Subtotal deposits |  |  | 4,801,136 |  |  |  | 97.09 |  |  |  | 4,674,720 |  |  |  | 97.02 |
Interest-bearing demand - Brokered |  |  | 110,000 |  |  |  | 2.23 |  |  |  | 110,000 |  |  |  | 2.28 |
Certificates of deposit - Brokered |  |  | 33,777 |  |  |  | 0.68 |  |  |  | 33,764 |  |  |  | 0.70 |
Total deposits |  | $ | 4,944,913 |  |  |  | 100.00 | % |  | $ | 4,818,484 |  |  |  | 100.00 | %
(1) | Interest-bearing checking includes $731.6 million at March 31, 2021 and $652.5 million at December 31, 2020 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace program.
The scheduled maturities of certificates of deposit, including brokered certificates of deposit, as of March 31, 2021 are as follows:
(In thousands) |  |  |  |
2021 |  | $ | 352,816 |
2022 |  |  | 115,218 |
2023 |  |  | 11,530 |
2024 |  |  | 25,558 |
2025 |  |  | 29,225 |
Over 5 Years |  |  | 5,729 |
Total |  | $ | 540,076 |

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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 http://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 http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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- References No definition available. + Details
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