Annual report pursuant to Section 13 and 15(d)

DEPOSITS

v3.22.0.1
DEPOSITS
12 Months Ended
Dec. 31, 2021
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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2021

    

2020

Interest-bearing deposits:

 

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NOW accounts

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$

4,176,032

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$

3,621,181

Money market accounts

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4,249,858

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4,248,335

Savings accounts

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1,121,297

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904,095

Time deposits of $250,000 and over

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452,193

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1,532,082

Other time deposits

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1,404,364

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1,048,369

Total interest-bearing deposits

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$

11,403,744

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$

11,354,062

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As of December 31, 2021, the scheduled maturities of time deposits are as follows for the years ended December 31, (dollars in thousands):

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2022

    

$

1,302,142

2023

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282,350

2024

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196,731

2025

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34,940

2026

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35,497

Thereafter

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4,897

Total scheduled maturities of time deposits

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$

1,856,557

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The amount of time deposits held in CDARS accounts was $20.7 million and $64.2 million as of December 31, 2021 and 2020, respectively.

The Company classifies deposit overdrafts as loans held for investment within the “Other Commercial” category. As of December 31, 2021 and 2020, these deposits totaled $2.0 million and $2.6 million, respectively.

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