Deposits

3 Months Ended

Mar. 31, 2020

Deposits and their respective weighted average interest rate at March 31, 2020 and December 31, 2019 consisted of the following:


	At March 31, 2020						At December 31, 2019
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,318,270	—	%	$	1,279,681
Demand deposits	0.23		1,615,979		0.96		1,677,682
Savings deposits	0.18		836,042		0.37		796,702
Time deposits	1.86		637,012		1.95		606,010
Total	0.39	%	$	4,407,303	0.71	%	$	4,360,075

The aggregate amount of time deposits in denominations of $100 thousand or more was $329.0 million at March 31, 2020 and $293.2 million at December 31, 2019. 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 $183.8 million at March 31, 2020 and $143.0 million at December 31, 2019.

At March 31, 2020, the scheduled maturities of time deposits are as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2020		$	339,988
2021		129,137
2022		64,816
2023		76,407
2024		23,002
Thereafter		3,662
Total		$	637,012