Quarterly report pursuant to Section 13 or 15(d)

Deposits

v3.23.2
Deposits
6 Months Ended
Jun. 30, 2023
Deposits [Abstract]  
Deposits

Note 7 — Deposits

 

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

 

At June 30, 2023

 

Time
Deposits Greater
Than $250,000

 

 

Other Time
Deposits

 

 

Total

 

 

 

(in thousands)

 

2023

 

$

556,018

 

 

$

734,380

 

 

$

1,290,398

 

2024

 

 

505,592

 

 

 

627,596

 

 

 

1,133,188

 

2025

 

 

266

 

 

 

4,363

 

 

 

4,629

 

2026

 

 

263

 

 

 

2,666

 

 

 

2,929

 

2027 and thereafter

 

 

 

 

 

779

 

 

 

779

 

Total

 

$

1,062,139

 

 

$

1,369,784

 

 

$

2,431,923

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2022

 

 

 

 

 

 

 

 

 

2023

 

$

696,470

 

 

$

1,185,020

 

 

$

1,881,490

 

2024

 

 

 

 

 

68,037

 

 

 

68,037

 

2025

 

 

266

 

 

 

3,151

 

 

 

3,417

 

2026

 

 

263

 

 

 

2,430

 

 

 

2,693

 

2027 and thereafter

 

 

 

 

 

570

 

 

 

570

 

Total

 

$

696,999

 

 

$

1,259,208

 

 

$

1,956,207

 

 

Accrued interest payable on deposits was $34.6 million and $7.8 million at June 30, 2023 and December 31, 2022, respectively. Total deposits reclassified to loans due to overdrafts at June 30, 2023 and December 31, 2022 were $1.5 million and $1.2 million, respectively.