Deposits

12 Months Ended

Dec. 31, 2019

Banking and Thrift [Abstract]

Deposits

Deposits

Deposits and their respective weighted average interest rate at December 31, 2019 and 2018 consist of the following:

	December 31,
	2019				2018
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,279,681	—	%	$	1,055,919
Demand deposits	0.96		1,677,682		1.01		1,377,171
Savings deposits	0.37		796,702		0.33		782,766
Time deposits	1.95		606,010		1.76		670,077
Total	0.71	%	$	4,360,075	0.73	%	$	3,885,933

The aggregate amount of time deposits in denominations of $100 thousand or more was $293.2 million at December 31, 2019 and $283.4 million at December 31, 2018. Deposits are insured up to applicable limits by the Deposit Insurance Fund of the FDIC. Deposit insurance per account owner is currently up to $250 thousand. The aggregate amount of time deposits in denominations over $250 thousand was $143.0 million at December 31, 2019 and $129.5 million at December 31, 2018.

At December 31, 2019, the scheduled maturities of time deposits are as follows:

Year	(Dollars in thousands)	Amount
Due in 2020		$	29,975
Due in 2021		324,217
Due in 2022		102,353
Due in 2023		53,132
Due in 2024		71,177
Thereafter		25,156
Total		$	606,010