Annual report pursuant to Section 13 and 15(d)

Deposits (Tables)

v3.19.3.a.u2
Deposits (Tables)
 12 Months Ended
Dec. 31, 2019
Banking And Thrift [Abstract]  
Scheduled Maturities of Time Deposits

 

At December 31, 2019, the scheduled maturities of time deposits are as follows:

 

Year Ending December 31,

 

Time

Deposits of

$250,000

or More

 

 

Other Time

Deposits

 

 

Total

 

 

 

(in thousands)

 

2020

 

$

291,940

 

 

$

1,098,666

 

 

$

1,390,606

 

2021

 

 

7,186

 

 

 

130,331

 

 

 

137,517

 

2022

 

 

—

 

 

 

25,155

 

 

 

25,155

 

2023

 

 

789

 

 

 

1,185

 

 

 

1,974

 

2024

 

 

—

 

 

 

669

 

 

 

669

 

Total

 

$

299,914

 

 

$

1,256,005

 

 

$

1,555,919

 

 
Summary of Interest Expense on Deposits

A summary of interest expense on deposits was as follows for the periods indicated:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(in thousands)

 

Demand: interest-bearing

 

$

116

 

 

$

106

 

 

$

74

 

Money market and savings

 

 

23,556

 

 

 

16,182

 

 

 

12,515

 

Time deposits of $100,000 or more

 

 

36,867

 

 

 

24,309

 

 

 

10,471

 

Other time deposits

 

 

2,566

 

 

 

2,483

 

 

 

3,029

 

Total interest expense on deposits

 

$

63,105

 

 

$

43,080

 

 

$

26,089