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Deposits
12 Months Ended
Dec. 31, 2019
Deposits.  
Deposits

10) Deposits

The following table presents the scheduled maturities of all time deposits for the next five years:

 

 

 

 

 

 

    

 

 

 

 

(Dollars in thousands)

 

2020

 

$

156,141

 

2021

 

 

9,658

 

2022

 

 

2,115

 

2023

 

 

54

 

2024

 

 

66

 

Total

 

$

168,034

 

 

Time deposits of $250,000 and over were $99,882,000 and $86,114,000 at December 31, 2019 and 2018, respectively. At December 31, 2019, time deposits within Certificate of Deposit Account Registry Service (“CDARS”) deposits totaled $28,847,000, which were comprised of money market deposits of $2,171,000, and interest-bearing demand deposits of $12,885,000, (which have no scheduled maturity date, and therefore, are excluded from the table above), and time deposits of $13,791,000, (which are included in the table above). At December 31, 2018, CDARS deposits totaled $14,898,000, which comprised money market deposits of $3,366,000, and interest-bearing demand deposits of $8,747,000, (which have no scheduled maturity date, and therefore, are excluded from the table above), and time deposits of $2,785,000. The CDARS program allows customers with deposits in excess of FDIC-insured limits to obtain full coverage on time deposits through a network of banks within the CDARS program. Deposits gathered through these programs are not considered brokered deposits under current regulatory reporting guidelines.

Deposits from executive officers, directors, and their affiliates were $12,636,000 and $21,752,000 at December 31, 2019 and 2018, respectively.