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Deposits
12 Months Ended
Dec. 31, 2020
Disclosure Text Block [Abstract]  
Deposits

Note 8 – Deposits

Time Deposits

As of December 31, 2020, and 2019, the Company’s total time deposits were $1.5 billion and $1.6 billion, respectively. Included in time deposits were nonreciprocal brokered time deposits of $217.5 million and $399.2 million as of December 31, 2020 and 2019, respectively. As of December 31, 2020, the contractual maturities of these time deposits were as follows (dollars in thousands):

2021

$

1,028,184

2022

353,345

2023

62,153

2024

 

11,612

2025

5,471

Sub-Total

$

1,460,765

Fair value premium

3,367

Total

$

1,464,132

The amount of time deposits with balances of $250,000 or more was $409.3 million and $331.6 million as of December 31, 2020 and 2019, respectively.