DEPOSITS

12 Months Ended

Dec. 31, 2020

DEPOSITS

DEPOSITS

NOTE 7 — DEPOSITS

Deposits consisted of the following as of December 31, 2020 and 2019 (in thousands):

	At December 31,
	2020		2019
Noninterest bearing demand accounts	$	1,715,042	$	1,090,479
Money market		1,993,514		1,573,716
Savings accounts		17,895		16,204
Time Deposits:
Time deposits under $100,000		4,172		5,483
Time deposits $100,000 and over		87,890		104,892
Total deposits	$	3,818,513	$	2,790,774

Time deposits greater than $250,000 at December 31, 2020 and 2019 were $42.5 million and $61.4 million, respectively.

The following are scheduled maturities of time deposits as of December 31, 2020 (in thousands):

		At December 31,
		2020
2021	$	51,321
2022		26,466
2023		7,270
2024		3,175
2025		3,830
Total time deposits	$	92,062