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Certificates of Deposit
12 Months Ended
Dec. 31, 2020
Deposits [Abstract]  
Certificates of Deposit

NOTE 9. CERTIFICATES OF DEPOSIT

Certificates of deposit in denominations of $100 thousand or more were $843.2 million and $1.2 billion as of December 31, 2020 and 2019, respectively. Interest expense on certificates of deposit of $100 thousand or more was $6.4 million, $8.0 million and $8.3 million for the years ended December 31, 2020, 2019 and 2018, respectively.

At December 31, 2020, the scheduled maturities of total certificates of deposit are as follows (in thousands):

 

Year

 

Amount

 

2021

 

$

1,000,380

 

2022

 

 

266,077

 

2023

 

 

134,647

 

2024

 

 

91,984

 

2025

 

 

67,226

 

2026 and thereafter

 

 

58,196

 

Total

 

$

1,618,510