Deposits

3 Months Ended

Mar. 31, 2023

Deposits and their respective weighted average interest rate at March 31, 2023 and December 31, 2022 consisted of the following:


	At March 31, 2023				At December 31, 2022
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,799,225	—	%	$	2,047,263
Demand deposits	2.56		2,433,575		2.02		2,321,748
Savings deposits	0.39		955,530		0.25		1,025,431
Time deposits	2.91		646,327		2.07		519,084
Total	1.45	%	$	5,834,657	1.02	%	$	5,913,526

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 $121.7 million at March 31, 2023 and $95.0 million at December 31, 2022.

At March 31, 2023, the scheduled maturities of time deposits were as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2023		$	259,767
2024		196,555
2025		158,162
2026		14,600
2027		8,246
Thereafter		8,997
Total		$	646,327