v3.25.3

DEPOSITS

9 Months Ended

Sep. 30, 2025

DEPOSITS

DEPOSITS

NOTE 9: DEPOSITS

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

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September 30, 2025

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December 31, 2024

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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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$

1,456,375

—

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$

1,956,628

—

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​

Interest-bearing

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1,713,408

2.88

%

1,995,397

3.29

%

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Money market and savings

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3,835,628

3.50

%

3,524,801

3.60

%

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Certificates of deposit

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2,287,660

4.39

%

2,393,453

4.72

%

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Total

​

$

9,293,071

3.05

%

$

9,870,279

3.09

%

​

​

The following table provides the remaining maturities of certificate of deposit accounts of greater than $250,000 as of:

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​	​	​	​	​	​	​
​	​	September 30, 2025		​	December 31, 2024
Large Denomination Certificates of Deposit Maturity Distribution	​	(dollars in thousands)
​	​	​	​	​	​	​
3 months or less		$	69,219	​	$	76,691
Over 3 months through 6 months	​	​	66,755	​		44,619
Over 6 months through 12 months	​	​	55,083	​		92,960
Over 12 months	​	​	5,281	​		13,417
Total	​	$	196,338	​	$	227,687

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Large depositor relationships, consisting of deposit relationships which exceed 2% of total deposits, accounted for, in the aggregate, 12.9% and 19.7% of our total deposits as of September 30, 2025 and December 31, 2024, respectively.  The composition of our large depositor relationships includes mortgage servicing clients who have maintained long-term depository relationships with us. The balances in these depository accounts are subject to seasonal inflows and outflows, common in the mortgage servicing industry.

Accrued interest payable on deposits is included in accounts payable and other liabilities, and totaled $24.2 million and $23.3 million at September 30, 2025 and December 31, 2024, respectively.

X

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478353/942-405-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(12))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph e
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

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X

- References

No definition available.

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