Deposits

6 Months Ended

Jun. 30, 2021

Deposits and their respective weighted average interest rate at June 30, 2021 and December 31, 2020 consisted of the following:


	At June 30, 2021				At December 31, 2020
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,872,031	—	%	$	1,690,663
Demand deposits	0.19		1,967,862		0.22		2,070,183
Savings deposits	0.09		986,588		0.08		918,094
Time deposits	1.19		492,223		1.30		563,775
Total	0.19	%	$	5,318,704	0.24	%	$	5,242,715

The aggregate amount of time deposits in denominations of $100 thousand or more was $248.5 million at June 30, 2021 and $296.7 million at December 31, 2020. 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 $118.0 million at June 30, 2021 and $161.6 million at December 31, 2020.

At June 30, 2021, the scheduled maturities of time deposits are as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2021		$	6,299
2022		134,154
2023		169,945
2024		131,662
2025		30,020
Thereafter		20,143
Total		$	492,223