Deposits

12 Months Ended

Dec. 31, 2020

Banking and Thrift, Other Disclosures [Abstract]

Deposits, including accrued interest payable of $367,000 at December 31, 2020 and $238,000 at December 31, 2019, are summarized as follows (in thousands):


	December 31,
	2020				2019
	Amount		Weighted Average Cost		Amount		Weighted Average Cost
Non-interest-bearing accounts	$	2,133,195	—	%	$	1,377,396	—	%
Interest-bearing checking accounts	3,646,866		0.49		2,539,428		0.68
Money market deposit accounts	783,521		0.19		578,147		0.68
Savings accounts	1,491,251		0.05		898,174		0.13
Time deposits	1,372,783		1.51		935,632		1.82
Total deposits	$	9,427,616	0.43	%	$	6,328,777	0.62	%

Included in time deposits at December 31, 2020 and 2019 were $409.5 million and $150.6 million, respectively, in deposits of $250,000 and over.

Time deposits at December 31, 2020 mature as follows (in thousands):


For the Year Ended December 31,	Time Deposit Maturities
2021	$	973,426
2022	265,668
2023	63,132
2024	46,321
2025	15,138
Thereafter	9,098
Total	$	1,372,783

Interest expense on deposits for the years ended December 31, 2020, 2019 and 2018 was as follows (in thousands):


	For the Year Ended December 31,
	2020		2019		2018
Interest-bearing checking accounts	$	19,395	$	16,820	$	9,219
Money market deposit accounts	2,902		4,919		2,818
Savings accounts	2,505		1,195		990
Time deposits	23,488		15,498		9,551
Total interest expense on deposits	$	48,290	$	38,432	$	22,578