The following table summarizes the outstanding balance of deposits and average rates paid thereon as of:
|
|
|
September 30, 2016 |
|
|
December 31, 2015 |
|
|
(dollars in thousands) |
|
Amount |
|
|
Weighted
Average Rate |
|
|
Amount |
|
|
Weighted
Average Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Demand deposits: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noninterest-bearing |
|
$ |
775,466 |
|
|
|
— |
|
|
$ |
299,794 |
|
|
|
— |
|
|
Interest-bearing |
|
|
175,782 |
|
|
|
0.436 |
% |
|
|
260,167 |
|
|
|
0.359 |
% |
|
Money market and savings |
|
|
836,494 |
|
|
|
0.697 |
% |
|
|
492,015 |
|
|
|
0.531 |
% |
|
Certificates of deposits |
|
|
550,995 |
|
|
|
0.587 |
% |
|
|
470,200 |
|
|
|
0.554 |
% |
|
Total |
|
$ |
2,338,737 |
|
|
|
0.420 |
% |
|
$ |
1,522,176 |
|
|
|
0.404 |
% |
|