As of December 31, 2022 and 2021, deposits consisted of the following (in thousands):


	2022		2021
Demand deposits:
Non-interest bearing	$	1,256,514	$	1,246,673
Interest-bearing		1,389,283		1,452,765
Savings		636,699		626,523
Money market		1,267,726		1,068,473
Time deposits		706,779		562,052
Total deposits	$	5,257,001	$	4,956,486

Total interest expense on deposits for the years ended December 31, 2022, 2021, and 2020 was as follows (in thousands):


	2022		2021		2020
Interest-bearing demand	$	4,315	$	1,547	$	1,462
Savings		570		487		426
Money market		9,394		2,711		2,270
Time deposits		4,534		4,292		8,593
Total	$	18,813	$	9,037	$	12,751

As of December 31, 2022, 2021, and 2020, the aggregate amount of time deposits in denominations of more than $250,000 was as follows (in thousands):


	2022		2021		2020
Time deposit balances in denominations of more than $250,000	$	138,056	$	117,887	$	98,277

The following table shows the amount of maturities for all time deposits as of December 31, 2022 (in thousands):


Less than 1 year	$	409,987
1 year to 2 years		200,771
2 years to 3 years		32,568
3 years to 4 years		15,970
4 years to 5 years		47,126
Over 5 years		357
Total	$	706,779

In 2022 the Company maintained account relationships with various public entities throughout its market areas. These public entities had total balances of approximately $319.4 million and $291.4 million in various checking accounts and time deposits as of December 31, 2022 and 2021, respectively. These balances are subject to change depending upon the cash flow needs of the public entity.