v3.21.2
DEPOSITS
 9 Months Ended
Sep. 30, 2021
DEPOSITS  
DEPOSITS

NOTE 7: DEPOSITS

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

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September 30, 2021

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December 31, 2020

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Weighted

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Weighted

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(dollars in thousands)

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Amount

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Average Rate

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Amount

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Average Rate

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Demand deposits:

    

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Noninterest-bearing

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$

2,995,570

 

—

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$

1,655,847

 

—

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Interest-bearing

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945,654

 

0.241

%  

 

871,289

 

0.372

%  

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Money market and savings

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2,290,380

 

0.319

%  

 

2,407,401

 

0.549

%  

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Certificates of deposits

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613,374

 

0.229

%  

 

978,896

 

0.591

%  

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Total

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$

6,844,978

 

0.161

%  

$

5,913,433

 

0.376

%  

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At September 30, 2021, of the $344 million of certificates of deposits over $250,000, $342 million mature within one year and $2 million mature after one year. Of the $269 million of certificates of deposit of $250,000 or less, $260 million mature within one year and $9 million mature after one year. At December 31, 2020, of the $416 million of certificates of deposits of $250,000 or more, $409 million mature within one year and $7 million mature after one year.

Of the $563 million of certificates of deposit of less than $250,000, $520 million mature within one year and $43 million mature after one year.