v3.26.3
Deposits (Tables)
 9 Months Ended
Sep. 30, 2026
Deposits [Abstract]  
Summary of Average Balances and Weighted Average Rates Paid on Deposits
The following table presents average balances and weighted average rates paid on deposits for the periods indicated (dollars in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Average
Balance
Average
Rate Paid(1)
Average
Balance
Average
Rate Paid(1)
Average
Balance
Average
Rate Paid(1)
Average
Balance
Average
Rate Paid(1)
Demand deposits:
Non-interest bearing$9,027,447 — %$8,203,439 — %$8,841,564 — %$7,873,052 — %
Interest bearing6,620,530 2.83 %5,586,547 3.36 %6,341,755 2.87 %5,271,474 3.37 %
Savings and money market9,976,749 2.90 %9,921,293 3.35 %10,101,084 2.90 %10,366,899 3.40 %
Time2,339,315 3.40 %3,535,051 3.63 %3,109,007 3.47 %3,924,209 3.82 %
$27,964,041 1.99 %$27,246,330 2.38 %$28,393,410 2.05 %$27,435,634 2.48 %
(1)Annualized.
Time Deposit Maturities
The following table presents maturities of time deposits as of September 30, 2026 (in thousands):
Maturing in:
2026$1,129,681 
20271,882,489 
202828,210 
2029949 
2030844 
Thereafter709 
$3,042,882 
schedule of interest expense on deposits
Interest expense on deposits for the periods indicated was as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Interest bearing demand$47,165 $47,304 $135,892 $132,886 
Savings and money market73,071 83,862 219,078 263,664 
Time20,090 32,389 80,655 111,910 
$140,326 $163,555 $435,625 $508,460