v3.26.1
Deposits
6 Months Ended
Jun. 30, 2026
Deposits [Abstract]  
Deposits

Note 11—Deposits

The composition of deposits was as follows as of the dates presented:

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Non-interest-bearing demand deposits

 

$

1,826,739

 

 

$

1,818,888

 

Interest-bearing checking accounts

 

 

1,229,287

 

 

 

878,638

 

Money market demand accounts

 

 

2,710,183

 

 

 

2,942,927

 

Other savings

 

 

489,415

 

 

 

489,504

 

Time deposits (below $250,000)

 

 

1,152,305

 

 

 

1,096,015

 

Time deposits ($250,000 and above)

 

 

462,833

 

 

 

421,471

 

Total deposits

 

$

7,870,762

 

 

$

7,647,443

 

At June 30, 2026, the scheduled maturities of time deposits were:

 

 

Scheduled Maturities

 

Remainder of 2026

 

$

1,070,325

 

2027

 

 

536,957

 

2028

 

 

5,159

 

2029

 

 

1,136

 

2030

 

 

1,124

 

Thereafter

 

 

437

 

Total

 

$

1,615,138

 

The Company hedges interest rates on certain money market accounts using interest rate swaps through which the Company receives variable amounts and pays fixed amounts. Refer to Note 16—Derivative Instruments and Hedge Activities for additional discussion.