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DEPOSITS (Tables)
 12 Months Ended
Dec. 31, 2024
Deposits [Abstract]  
Schedule of Details of Total Deposits

The following table sets forth the details of total deposits as of December 31:

 

(Dollars in thousands)

 

2024

 

 

2023

 

Noninterest-bearing demand deposits

 

$

1,112,734

 

 

 

18.16

%

 

$

957,687

 

 

 

18.16

%

Interest-bearing checking (A)

 

 

3,334,269

 

 

 

54.40

 

 

 

2,882,193

 

 

 

54.65

 

Savings

 

 

103,136

 

 

 

1.68

 

 

 

111,573

 

 

 

2.12

 

Money market

 

 

1,078,024

 

 

 

17.59

 

 

 

740,559

 

 

 

14.04

 

Certificates of deposit - retail

 

 

483,998

 

 

 

7.90

 

 

 

443,791

 

 

 

8.41

 

Certificates of deposit - listing service

 

 

6,861

 

 

 

0.11

 

 

 

7,804

 

 

 

0.15

 

Subtotal deposits

 

 

6,119,022

 

 

 

99.84

 

 

 

5,143,607

 

 

 

97.53

 

Interest-bearing demand - Brokered

 

 

10,000

 

 

 

0.16

 

 

 

10,000

 

 

 

0.19

 

Certificates of deposit - Brokered

 

 

—

 

 

 

—

 

 

 

120,507

 

 

 

2.28

 

Total deposits

 

$

6,129,022

 

 

 

100.00

%

 

$

5,274,114

 

 

 

100.00

%

 

(A) Interest-bearing checking includes $1.57 billion at December 31, 2024 and $990.7 million at December 31, 2023 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace programs.
Scheduled Maturities of Time Deposits

The scheduled maturities of time deposits as of December 31, 2024 are as follows:

 

(In thousands)

 

 

 

2025

 

$

434,792

 

2026

 

 

50,152

 

2027

 

 

4,432

 

2028

 

 

203

 

2029

 

 

1,280

 

Over 5 Years

 

 

—

 

Total

 

$

490,859