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Deposits
3 Months Ended
Mar. 31, 2020
Banking and Thrift [Abstract]  
Deposits
Deposits

The aggregate amount of time deposits in excess of the Federal Deposit Insurance Corporation ("FDIC") insured limit, currently $250,000, at March 31, 2020 and December 31, 2019, were $106.1 million and $93.5 million, respectively. Deposits and weighted-average interest rates at the dates indicated are as follows:
 
March 31, 2020
 
December 31, 2019
 
Amount
 
Weighted-Average Interest Rate
 
Amount
 
Weighted-Average Interest Rate
 
(Dollars in thousands)
Savings
$
165,747

 
0.72%
 
$
168,983

 
0.86%
Transaction accounts
286,283

 
0.01%
 
276,496

 
0.03%
Money market accounts
253,198

 
0.48%
 
248,086

 
0.46%
Certificates of deposit
358,677

 
1.67%
 
308,080

 
1.85%
 
 
 
 
 
 
 
 
 
$
1,063,905

 
0.79%
 
$
1,001,645

 
0.84%
 
 
 
 
 
 
 
 

Maturities of certificates at the dates indicated are as follows:
 
March 31, 2020
 
December 31, 2019
 
(In thousands)
Within one year or less
$
289,742

 
$
241,127

After one year through two years
44,215

 
42,274

After two years through three years
9,772

 
11,167

After three years through four years
7,864

 
6,593

After four years through five years
7,084

 
6,919

After five years

 

 
 
 
 
 
$
358,677

 
$
308,080



Brokered certificates of deposits of $90.4 million and $51.6 million are included in the March 31, 2020 and December 31, 2019 certificate of deposits totals above, respectively.

Deposits at March 31, 2020 and December 31, 2019, included $68.7 million and $57.4 million, respectively, in public fund deposits. Investment securities with a carrying value of $32.1 million and $35.5 million were pledged as collateral for these deposits at March 31, 2020 and December 31, 2019, respectively. This exceeds the minimum collateral requirements established by the Washington Public Deposit Protection Commission.

Interest on deposits by type for the periods shown was as follows:
 
Three Months Ended
 
March 31,
 
2020

2019
 
(In thousands)
Savings
$
340

 
$
316

Transaction accounts
19

 
36

Insured money market accounts
356

 
320

Certificates of deposit
1,423

 
1,252

 
 
 
 
 
$
2,138

 
$
1,924