Deposits

3 Months Ended

Mar. 31, 2024

Deposits and their respective weighted average interest rate at March 31, 2024 and December 31, 2023 consisted of the following:


	At March 31, 2024				At December 31, 2023
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	1,401,806	—	%	$	1,468,320
Demand deposits	3.32		2,833,521		3.34		2,973,784
Savings deposits	0.52		777,637		0.48		779,885
Time deposits	4.41		1,392,394		4.22		1,153,792
Total	2.49	%	$	6,405,358	2.38	%	$	6,375,781

Deposits are insured up to applicable limits by the Deposit Insurance Fund of the FDIC, which is currently $250 thousand per account owner. The aggregate amount of time deposits in denominations over $250 thousand was $245.8 million at March 31, 2024 and $187.0 million at December 31, 2023.

At March 31, 2024, the scheduled maturities of time deposits were as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2024		$	487,165
2025		509,953
2026		81,230
2027		129,343
2028		146,916
Thereafter		37,787
Total		$	1,392,394