Deposits

9 Months Ended

Sep. 30, 2020

Deposits and their respective weighted average interest rate at September 30, 2020 and December 31, 2019 consisted of the following:


	At September 30, 2020				At December 31, 2019
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,714,505	—	%	$	1,279,681
Demand deposits	0.23		2,055,164		0.96		1,677,682
Savings deposits	0.15		885,715		0.37		796,702
Time deposits	1.44		556,219		1.95		606,010
Total	0.27	%	$	5,211,603	0.71	%	$	4,360,075

The aggregate amount of time deposits in denominations of $100 thousand or more was $277.9 million at September 30, 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 $250 thousand. The aggregate amount of time deposits in denominations over $250 thousand was $144.7 million at September 30, 2020 and $143.0 million at December 31, 2019.

At September 30, 2020, the scheduled maturities of time deposits are as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2020		$	114,934
2021		220,305
2022		78,418
2023		110,856
2024		23,634
Thereafter		8,072
Total		$	556,219