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Time Deposits
12 Months Ended
Dec. 31, 2020
Deposits [Abstract]  
Time Deposits

(8) TIME DEPOSITS

Time deposits include certificates of deposit and individual retirement accounts.

At December 31, 2020, the scheduled maturities of all time deposits are as follows (Dollars in thousands):

 

2021

 

$

489,397

 

2022

 

 

100,196

 

2023

 

 

41,245

 

2024

 

 

23,696

 

2025

 

 

18,419

 

Thereafter

 

 

31

 

Total

 

$

672,984

 

 

The following table is a summary of time deposits that meet or exceed the current FDIC insurance limit for the periods presented:

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

 

(Dollars in thousands)

 

Time deposits of $250,000 or more

 

 

154,646

 

 

 

153,987