XML 20 R14.htm IDEA: XBRL DOCUMENT
v3.25.1

DEPOSITS | 3 Months Ended
--- | ---
Mar. 31, 2025
Deposits [Abstract] |
DEPOSITS | 5. DEPOSITS Certificates of deposit that met or exceeded $250,000 totaled $124.9 million and $137.3 million at March 31, 2025 and December 31, 2024, respectively. The Company had no brokered certificates of deposit at either March 31, 2025 or at December 31, 2024. The following table sets forth the details of total deposits as of March 31, 2025 and December 31, 2024:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing demand deposits |  | $ | 1,184,860 |  |  |  | 18.85 | % |  | $ | 1,112,734 |  |  |  | 18.16 | %
Interest-bearing checking (A) |  |  | 3,450,014 |  |  |  | 54.88 |  |  |  | 3,334,269 |  |  |  | 54.40 |
Savings |  |  | 107,581 |  |  |  | 1.71 |  |  |  | 103,136 |  |  |  | 1.68 |
Money market (B) |  |  | 1,087,959 |  |  |  | 17.30 |  |  |  | 1,078,024 |  |  |  | 17.59 |
Certificates of deposit - retail |  |  | 442,369 |  |  |  | 7.04 |  |  |  | 483,998 |  |  |  | 7.90 |
Certificates of deposit - listing service |  |  | 3,773 |  |  |  | 0.06 |  |  |  | 6,861 |  |  |  | 0.11 |
Subtotal deposits |  |  | 6,276,556 |  |  |  | 99.84 |  |  |  | 6,119,022 |  |  |  | 99.84 |
Interest-bearing demand - Brokered |  |  | 10,000 |  |  |  | 0.16 |  |  |  | 10,000 |  |  |  | 0.16 |
Total deposits |  | $ | 6,286,556 |  |  |  | 100.00 | % |  | $ | 6,129,022 |  |  |  | 100.00 | %
(A) Interest-bearing checking includes $1.75 billion at March 31, 2025 and $1.57 billion at December 31, 2024 of reciprocal balances in the Reich & Tang or Promontory Demand Deposit Marketplace program. (B) Money market includes $101.7 million at March 31, 2025 and $85.3 million at December 31, 2024 of reciprocal balances in the Promontory Demand Deposit Marketplace program. The scheduled maturities of certificates of deposit, including brokered certificates of deposit, as of March 31, 2025, are as follows:
(In thousands) |  |  |
2025 |  | $ | 362,774 |
2026 |  |  | 76,912 |
2027 |  |  | 4,721 |
2028 |  |  | 277 |
2029 |  |  | 1,221 |
2030 and later |  |  | 237 |
Total |  | $ | 446,142 |

X
- 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 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478353/942-405-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(12)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph e -Publisher SEC Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1406 -Publisher SEC + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DepositsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration