As of December 31, 2019 and 2018, the Company’s total time deposits were $1.6 billion and $1.4 billion, respectively. Included in time deposits were brokered time deposits of $399.2 million and $405.6 million as of December 31, 2019 and 2018, respectively. As of December 31, 2019, the contractual maturities of these time deposits were as follows (dollars in thousands):

2020	$	1,086,493
2021		308,622
2022		124,184
2023		31,630
2024		1,732
Sub-Total	$	1,552,661
Fair value premium		1,060
Total	$	1,553,721

The amount of time deposits with balances of $250,000 or more was $331.6 million and $272.2 million as of December 31, 2019 and 2018, respectively. Included in time deposits with balances of $250,000 or more were brokered time deposits with balances of $250,000 or more of $-0- million and $8.8 million as of December 31, 2019 and 2018, respectively.