The following table summarizes the outstanding balance of deposits and average rates paid thereon as of: | | | | | | | | | | | | | | | September 30, 2021 | | December 31, 2020 | | | | | | | | Weighted | | | | | Weighted | | | (dollars in thousands) | | Amount | | Average Rate | | Amount | | Average Rate | | | Demand deposits: | | | | | | | | | | | | | Noninterest-bearing | | $ | 2,995,570 | | — | | $ | 1,655,847 | | — | | | Interest-bearing | | | 945,654 | | 0.241 | % | | 871,289 | | 0.372 | % | | Money market and savings | | | 2,290,380 | | 0.319 | % | | 2,407,401 | | 0.549 | % | | Certificates of deposits | | | 613,374 | | 0.229 | % | | 978,896 | | 0.591 | % | | Total | | $ | 6,844,978 | | 0.161 | % | $ | 5,913,433 | | 0.376 | % | |
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