Deposits

Deposit accounts consisted of the following at December 31, 2019 and 2018:



	December 31,
	2019		2018
	(In thousands)
Noninterest-bearing	$	52,849	$	46,108
Interest-bearing demand	65,897		40,079
Statement savings	17,447		24,799
Money market	377,766		339,047
Certificates of deposit, retail ⁽¹⁾	425,103		391,174
Certificates of deposit, brokered	94,472		97,825
	$	1,033,534	$	939,032

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⁽¹⁾ Shown net of $28,000 and $58,000 fair value adjustment on December 31, 2019 and 2018, respectively.

At December 31, 2019, scheduled maturities of certificates of deposit were as follows:



December 31,	Amount
	(In thousands)
2020	$	222,059
2021	185,208
2022	47,075
2023	50,220
2024	15,013
thereafter	—
	$	519,575

Deposits included public funds of $34.0 million and $28.5 million at December 31, 2019 and 2018, respectively.

Certificates of deposit equal to or exceeding the FDIC insured amount of $250,000 included in deposits at December 31, 2019, and 2018, were $130.6 million and $129.3 million, respectively. Interest expense on certificates equal to or exceeding $250,000 totaled $2.9 million and $1.8 million for the years ended December 31, 2019 and 2018, respectively.

Included in total deposits are accounts of $2.1 million and $16.0 million at December 31, 2019, and 2018, respectively which are controlled by related parties.

Interest expense on deposits for the periods indicated was as follows:



	Year Ended December 31,
	2019		2018
	(In thousands)
Interest-bearing demand	$	108	$	79
Statement savings	29		34
Money market	5,027		3,550
Certificates of deposit, retail	9,549		5,825
Certificates of deposit, brokered	3,283		1,730
	$	17,996	$	11,218