Deposits

6 Months Ended

Jun. 30, 2023

Note 11—Deposits

The composition of deposits was as follows as of June 30, 2023 and December 31, 2022:


	June 30,		December 31,
	2023		2022
Non-interest-bearing demand deposits	$	1,793,749	$	2,138,645
Interest-bearing checking accounts		530,775		592,098
Money market demand accounts		1,600,043		1,415,653
Other savings		562,706		625,798
Time deposits (below $250,000)		1,214,717		762,250
Time deposits ($250,000 and above)		215,102		160,677
Total deposits	$	5,917,092	$	5,695,121

There were $551.4 million and $251.5 million of brokered deposits included in time deposits below $250,000 at June 30, 2023 and December 31, 2022, respectively.

At June 30, 2023, the scheduled maturities of time deposits were:


	Scheduled Maturities
2023	$	767,520
2024		633,946
2025		14,359
2026		6,657
2027 and thereafter		7,337
Total	$	1,429,819

The Company hedges interest rates on certain money market accounts using interest rate swaps through which the Company receives variable amounts and pays fixed amounts. Refer to Note 16—Derivative Instruments and Hedging Activities for additional discussion.