Annual report pursuant to Section 13 and 15(d)

DEPOSITS

v3.19.3.a.u2
DEPOSITS
12 Months Ended
Dec. 31, 2019
Deposits, Interest-bearing and Noninterest-bearing, Alternative [Abstract]  
DEPOSITS

8. DEPOSITS

The major types of interest-bearing deposits are as follows for the years ended December 31, (dollars in thousands):

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2019

    

2018

Interest-bearing deposits:

 

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NOW accounts

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$

2,905,714

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$

2,288,523

Money market accounts

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3,951,856

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2,875,301

Savings accounts

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727,847

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622,823

Time deposits of $250,000 and over

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684,797

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292,224

Other time deposits

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2,064,628

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1,797,482

Total interest-bearing deposits

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$

10,334,842

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$

7,876,353

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As of December 31, 2019, the scheduled maturities of time deposits are as follows for the years ended December 31, (dollars in thousands):

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2020

    

$

1,626,492

2021

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621,567

2022

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199,507

2023

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140,722

2024

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160,465

Thereafter

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672

Total scheduled maturities of time deposits

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$

2,749,425

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The amount of time deposits held in CDARS accounts was $73.9 million and $118.3 million as of December 31, 2019 and 2018, respectively.

The Company classifies deposit overdrafts as loans held for investment within the "Other Commercial" category. As of December 31, 2019 and 2018, these deposits totaled $2.6 million and $2.0 million, respectively.

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