The following table summarizes the outstanding balance of deposits and average rates paid thereon as of:
|
|
|
March 31, 2017 |
|
|
December 31, 2016 |
|
|
(dollars in thousands) |
|
Amount |
|
|
Weighted
Average Rate |
|
|
Amount |
|
|
Weighted
Average Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Demand deposits: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noninterest-bearing |
|
$ |
742,544 |
|
|
|
— |
|
|
$ |
661,781 |
|
|
|
— |
|
|
Interest-bearing |
|
|
278,879 |
|
|
|
0.600 |
% |
|
|
194,274 |
|
|
|
0.471 |
% |
|
Money market and savings |
|
|
1,004,444 |
|
|
|
0.768 |
% |
|
|
941,344 |
|
|
|
0.677 |
% |
|
Certificates of deposits |
|
|
754,510 |
|
|
|
0.614 |
% |
|
|
629,396 |
|
|
|
0.589 |
% |
|
Total |
|
$ |
2,780,377 |
|
|
|
0.504 |
% |
|
$ |
2,426,795 |
|
|
|
0.453 |
% |
|