Deposits

6 Months Ended

Jun. 30, 2022

Deposits and their respective weighted average interest rate at June 30, 2022 and December 31, 2021 consisted of the following:


	At June 30, 2022				At December 31, 2021
	Weighted Average Interest Rate		Amount		Weighted Average Interest Rate		Amount
	(Dollars in thousands)
Noninterest-bearing deposits	—	%	$	2,062,538	—	%	$	2,065,423
Demand deposits	0.53		1,963,987		0.17		2,493,604
Savings deposits	0.10		1,111,913		0.04		1,011,931
Time deposits	1.08		424,610		1.06		484,166
Total	0.29	%	$	5,563,048	0.16	%	$	6,055,124

Deposits are insured up to applicable limits by the Deposit Insurance Fund of the FDIC, which is currently up to $250 thousand per account owner. The aggregate amount of time deposits in denominations over $250 thousand was $79.5 million at June 30, 2022 and $119.9 million at December 31, 2021.

At June 30, 2022, the scheduled maturities of time deposits were as follows:


Year	(Dollars in thousands)	Amount
Remainder of 2022		$	127,932
2023		206,161
2024		49,208
2025		18,473
2026		3,423
Thereafter		19,413
Total		$	424,610