Deposits

3 Months Ended

Mar. 31, 2022

Deposits and their respective weighted average interest rate at March 31, 2022 and December 31, 2021 consisted of the following:


	At March 31, 2022				At December 31, 2021
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	2,136,467	—	%	$	2,065,423
Demand deposits	0.21		2,404,300		0.17		2,493,604
Savings deposits	0.08		1,040,890		0.04		1,011,931
Time deposits	1.05		466,275		1.06		484,166
Total	0.18	%	$	6,047,932	0.16	%	$	6,055,124

Deposits are insured up to applicable limits by the Deposit Insurance Fund of the FDIC, which is currently up to $250 thousand per account owner. The aggregate amount of time deposits in denominations over $250 thousand was $110.6 million at March 31, 2022 and $119.9 million at December 31, 2021.

At March 31, 2022, the scheduled maturities of time deposits are as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2022		$	198,418
2023		181,608
2024		50,943
2025		15,075
2026		3,576
Thereafter		16,655
Total		$	466,275