9. DEPOSITS

Time Deposits

The following table presents the remaining maturities of the Bank’s time deposits at December 31, 2019:


(In thousands)	Total
2020	$	203,834
2021		83,420
2022		11,272
2023		4,072
2024		4,977
Thereafter		402
Total	$	307,977

The deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2019 and 2018 were $129.6 million and $128.5 million, respectively. Deposits from principal officers, directors and their affiliates at December 31, 2019 and 2018 were approximately $16.7 million and $18.5 million, respectively.