Deposits

3 Months Ended

Mar. 31, 2020

Deposits

Deposits

7. Deposits

As of March 31, 2020 and December 31, 2019, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	March 31, 2020		December 31, 2019
U.S.:
Interest-bearing	$	10,539,824	$	9,782,957
Noninterest-bearing		5,073,463		5,188,696
Foreign:
Interest-bearing		734,639		781,965
Noninterest-bearing		672,076		691,376
Total deposits	$	17,020,002	$	16,444,994

The following table presents the maturity distribution of time certificates of deposit as of March 31, 2020:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	248,179	$	490,557	$	738,736
Over three through six months		151,083		570,240		721,323
Over six through twelve months		385,105		551,485		936,590
One to two years		112,964		83,388		196,352
Two to three years		121,995		59,604		181,599
Three to four years		77,139		12,754		89,893
Four to five years		41,639		6,053		47,692
Thereafter		113		—		113
Total	$	1,138,217	$	1,774,081	$	2,912,298

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $1.8 billion and $1.4 billion as of March 31, 2020 and December 31, 2019, respectively. Overdrawn deposit accounts are classified as loans and totaled $2.3 million and $3.6 million as of March 31, 2020 and December 31, 2019, respectively.