Deposits

3 Months Ended

Mar. 31, 2021

Deposits

Deposits

7. Deposits

As of March 31, 2021 and December 31, 2020, deposits were categorized as interest-bearing or noninterest-bearing as follows:

(dollars in thousands)	March 31, 2021		December 31, 2020
U.S.:
Interest-bearing	$	11,159,564	$	10,928,712
Noninterest-bearing		7,329,662		6,674,352
Foreign:
Interest-bearing		799,042		776,897
Noninterest-bearing		845,413		847,762
Total deposits	$	20,133,681	$	19,227,723

The following table presents the maturity distribution of time certificates of deposit as of March 31, 2021:

	Under		$250,000
(dollars in thousands)	$250,000		or More		Total
Three months or less	$	232,935	$	414,462	$	647,397
Over three through six months		146,206		210,672		356,878
Over six through twelve months		372,636		379,245		751,881
One to two years		128,248		82,989		211,237
Two to three years		80,286		16,964		97,250
Three to four years		40,578		4,881		45,459
Four to five years		42,510		21,469		63,979
Thereafter		510		250		760
Total	$	1,043,909	$	1,130,932	$	2,174,841

Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $1.1 billion and $1.3 billion as of March 31, 2021 and December 31, 2020, respectively. Overdrawn deposit accounts are classified as loans and totaled $1.0 million and $2.6 million as of March 31, 2021 and December 31, 2020, respectively.