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DEPOSITS
3 Months Ended
Mar. 31, 2020
Banking and Thrift [Abstract]  
DEPOSITS
DEPOSITS
A summary of deposits at March 31, 2020 and December 31, 2019 is as follows:
(Dollars in thousands)
March 31,
2020
 
December 31,
2019
Time deposits
$
3,693,790

 
$
3,526,688

Money market savings
1,212,209

 
1,330,585

Interest-bearing demand
226,207

 
222,509

Money market checking
104,388

 
111,338

Noninterest-bearing demand
48,782

 
43,597

Total
$
5,285,376

 
$
5,234,717


The Company had time deposits with a denomination of $100 thousand or more totaling $2.8 billion and $2.6 billion at March 31, 2020 and December 31, 2019, respectively.

The Company had time deposits that met or exceeded the FDIC insurance limit of $250 thousand of $1.6 billion and $1.4 billion at March 31, 2020 and December 31, 2019, respectively.

The Company utilizes brokered deposits as an additional source of funding. The Company had brokered deposits of $420.0 million and $416.0 million at March 31, 2020 and December 31, 2019, respectively.

Maturities of the Company’s time deposits at March 31, 2020 are summarized as follows (dollars
in thousands):
April 1 - December 31, 2020
$
2,971,692

2021
624,783

2022
84,714

2023
4,858

2024
5,206

Thereafter
2,537

Total
$
3,693,790