Deposits

Year-end deposits are summarized in the following table:



	December 31,
	2018			2017
	(in thousands)
Core deposits:
Demand and other noninterest-bearing	$	5,227,216		$	5,081,901
Interest-bearing demand	1,244,254			1,265,212
Money market	2,367,964			2,543,712
Savings	890,557			861,941
Certificates of deposit, less than $250,000	243,849			286,791
Total core deposits	9,973,840			10,039,557
Certificates of deposit, $250,000 or more	89,473			100,399
Certificates of deposit insured by CDARS^®(1)	23,580			25,374
Brokered certificates of deposit	57,930			78,481
Reciprocal money market accounts (1)	313,692			289,031
Subtotal	10,458,515			10,532,842
Valuation adjustment resulting from acquisition accounting	(389		)	(757		)
Total deposits	$	10,458,126		$	10,532,085

(1) For periods prior to June 30, 2018, CDARS and reciprocal money market accounts were considered to be brokered deposits by regulatory authorities and were reported as such on quarterly Call Reports. With the passage of the The Economic Growth, Regulatory Relief and Consumer Protection Act in May 2018, these items are no longer considered brokered deposits.

Overdrafts of $4.0 million and $1.6 million were reclassified as loan balances at December 31, 2018 and 2017, respectively.

The following table shows the amount and maturity of time deposits:



	Years Ending December 31,
	(in thousands)
2019	$	292,334
2020	71,405
2021	23,604
2022	12,761
2023	10,820
Thereafter	3,908
Total	$	414,832