Deposits

12 Months Ended

Dec. 31, 2020

Banking and Thrift, Other Disclosures [Abstract]

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


	December 31,
	2020				2019
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount

	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,690,663	—	%	$	1,279,681
Demand deposits	0.22		2,070,183		0.96		1,677,682
Savings deposits	0.08		918,094		0.37		796,702
Time deposits	1.30		563,775		1.95		606,010
Total	0.24	%	$	5,242,715	0.71	%	$	4,360,075

The aggregate amount of time deposits in denominations of $100 thousand or more was $296.7 million at December 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 $161.6 million at December 31, 2020 and $143.0 million at December 31, 2019.

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


(Dollars in thousands)
Year	Amount
Due in 2021	$	12,178
Due in 2022	304,928
Due in 2023	93,332
Due in 2024	115,886
Due in 2025	24,000
Thereafter	13,451
Total	$	563,775