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DEPOSITS
12 Months Ended
Dec. 31, 2023
Deposits, by Component, Alternative [Abstract]  
DEPOSITS DEPOSITS
 
The aggregate amount of overdrawn deposit accounts reclassified as loan balances totaled $662,000 and $612,000 as of December 31, 2023 and 2022, respectively.
 
Components of interest-bearing deposits as of December 31 are as follows:
 
(dollars in thousands)20232022
Interest-bearing demand$759,299 $831,152 
Savings and money market deposits660,311 617,135 
Time, $250,000 and over167,680 114,780 
Other time458,508 358,760 
Total interest-bearing deposits$2,045,798 $1,921,827 
 
We had $93.6 million and $50.8 million in brokered deposits at December 31, 2023 and 2022, respectively. We use brokered deposits, subject to certain limitations and requirements, as a source of funding to support our asset growth and augment the deposits generated from our branch network, which are our principal source of funding. Our level of brokered deposits varies from time to time depending on competitive interest rate conditions and other factors, and tends to increase as a percentage of total deposits when the brokered deposits are less costly than issuing internet certificates of deposit or borrowing from the FHLB.

The aggregate amount of jumbo certificates of deposit, each with a minimum denomination of $250,000 was $167.7 million and $114.8 million as of December 31, 2023 and 2022, respectively.
As of December 31, 2023, the scheduled maturities of certificates of deposit are as follows:
 
(dollars in thousands) 
Year Ending December 31Amount
  
2024$548,834 
202560,154 
20267,737 
20274,964 
20284,231 
Thereafter268 
Total time deposits $626,188