Quarterly report pursuant to Section 13 or 15(d)

Deposits

v3.23.3
Deposits
9 Months Ended
Sep. 30, 2023
Deposits [Abstract]  
Deposits

Note 7 — Deposits

 

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

 

At September 30, 2023

 

Time
Deposits Greater
Than $250,000

 

 

Other Time
Deposits

 

 

Total

 

 

 

(in thousands)

 

2023

 

$

432,361

 

 

$

540,642

 

 

$

973,003

 

2024

 

 

597,364

 

 

 

855,244

 

 

 

1,452,608

 

2025

 

 

266

 

 

 

4,803

 

 

 

5,069

 

2026

 

 

263

 

 

 

2,870

 

 

 

3,133

 

2027 and thereafter

 

 

 

 

 

882

 

 

 

882

 

Total

 

$

1,030,254

 

 

$

1,404,441

 

 

$

2,434,695

 

 

 

 

 

 

 

 

 

 

 

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 $50.3 million and $7.8 million at September 30, 2023 and December 31, 2022, respectively. Total deposits reclassified to loans due to overdrafts at September 30, 2023 and December 31, 2022 were $1.3 million and $1.2 million, respectively.