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DEPOSITS (Tables)
3 Months Ended
Mar. 31, 2021
Deposits [Abstract]  
Schedule of Details of Total Deposits

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.

Scheduled Maturities of Time Deposits

 

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