v3.8.0.1
Deposits (Tables)
 12 Months Ended
Dec. 31, 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 at December 31:

 

 

  

2017

 

 

2016

 

(dollars in thousands)

  

Amount

 

  

Weighted
Average Rate

 

 

Amount

 

  

Weighted
Average Rate

 

Demand deposits:

 

 

 

 

 

 

 

 

 

 

 

 

Noninterest-bearing

 

$

1,097,196

 

 

 

—

 

 

$

661,781

 

 

 

—

 

Interest-bearing

 

 

235,294

 

 

 

0.411

%

 

 

194,274

 

 

 

0.471

%

Money market and savings

 

 

1,210,240

 

 

 

0.840

%

 

 

941,344

 

 

 

0.677

%

Certificates of deposits

 

 

900,797

 

 

 

1.189

%

 

 

629,396

 

 

 

0.589

%

Total

 

$

3,443,527

 

 

 

0.634

%

 

$

2,426,795

 

 

 

0.453

%