v3.8.0.1
Deposits (Tables)
9 Months Ended
Sep. 30, 2017
Deposits [Abstract]  
Summary of Outstanding Balance of Deposits and Average Rates

The following table summarizes the outstanding balance of deposits and average rates paid thereon as of:

 

 

 

September 30, 2017

 

 

December 31, 2016

 

(dollars in thousands)

 

Amount

 

 

Weighted
Average Rate

 

 

Amount

 

 

Weighted
Average Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Demand deposits:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing

 

$

1,096,472

 

 

 

 

 

$

661,781

 

 

 

 

Interest-bearing

 

 

278,917

 

 

 

0.654

%

 

 

194,274

 

 

 

0.471

%

Money market and savings

 

 

1,010,298

 

 

 

0.854

%

 

 

941,344

 

 

 

0.677

%

Certificates of deposits

 

 

883,039

 

 

 

1.094

%

 

 

629,396

 

 

 

0.589

%

Total

 

$

3,268,726

 

 

 

0.615

%

 

$

2,426,795

 

 

 

0.453

%