Quarterly report [Sections 13 or 15(d)]

Deposits

v3.25.1
Deposits
3 Months Ended
Mar. 31, 2025
Deposits [Abstract]  
Deposits

Note 7 — Deposits

 

The scheduled maturities of time deposits are as follows for the periods indicated:

 

 

 

Time
Deposits More
Than $250,000

 

 

Other Time
Deposits

 

 

Total

 

 

 

(in thousands)

 

At March 31, 2025

 

 

 

 

 

 

 

 

 

2025

 

$

905,111

 

 

$

988,417

 

 

$

1,893,528

 

2026

 

 

204,198

 

 

 

235,674

 

 

 

439,872

 

2027

 

 

 

 

 

54,479

 

 

 

54,479

 

2028

 

 

 

 

 

9,941

 

 

 

9,941

 

2029 and thereafter

 

 

 

 

 

257

 

 

 

257

 

Total

 

$

1,109,309

 

 

$

1,288,768

 

 

$

2,398,077

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2024

 

 

 

 

 

 

 

 

 

2025

 

$

1,002,785

 

 

$

1,254,185

 

 

$

2,256,970

 

2026

 

 

264

 

 

 

19,112

 

 

 

19,376

 

2027

 

 

 

 

 

48,630

 

 

 

48,630

 

2028

 

 

 

 

 

130

 

 

 

130

 

2029 and thereafter

 

 

 

 

 

177

 

 

 

177

 

Total

 

$

1,003,049

 

 

$

1,322,234

 

 

$

2,325,283

 

 

Accrued interest payable on deposits was $29.7 million and $34.8 million at March 31, 2025 and December 31, 2024, respectively. Total deposits reclassified to loans due to overdrafts at March 31, 2025 and December 31, 2024 were $1.8 million and $1.2 million, respectively.