Deposits

12 Months Ended

Dec. 31, 2019

Deposits at December 31, 2019 and 2018 are summarized as follows:



	December 31,
	2019				2018
	Balance		Weighted Average Rate		Balance		Weighted Average Rate
	(Dollars in thousands)

Non-interest-bearing demand	$	958,442	—	%	$	723,794	—	%
Interest-bearing demand	1,720,383		1.03		1,219,381		0.95
Money market accounts	410,392		0.91		259,694		0.67
Savings and club deposits	543,480		0.15		510,688		0.16
Certificates of deposit	2,013,145		2.25		1,700,316		2.01
Total deposits	$	5,645,842	1.20	%	$	4,413,873	1.09	%

Included in the above balance at December 31, 2019 are certificates of deposit obtained through brokers, of $31.6 million, that were acquired from Stewardship.

The aggregate amount of certificates of deposit that meet or exceed $100,000 totaled approximately $1.1 billion and $885.3 million at December 31, 2019 and 2018, respectively.

Scheduled maturities of certificates of deposit accounts at December 31, 2019 and 2018 are summarized as follows:



	December 31,
	2019		2018
	(In thousands)

One year or less	$	1,293,613	$	1,107,667
After one year to two years	548,995		326,800
After two years to three years	142,458		230,468
After three years to four years	11,362		24,939
After four years	16,717		10,442
	$	2,013,145	$	1,700,316

Interest expense on deposits for the years ended December 31, 2019 and 2018, September 30, 2017, and the three months ended December 31, 2017 are summarized as follows:



	Years Ended December 31,				Three Months Ended December 31,		Year Ended September 30,
	2019		2018		2017		2017
	(In thousands)

Demand (including money market accounts)	$	19,922	$	12,933	$	2,509	$	8,556
Savings and club deposits	770		993		210		630
Certificates of deposit	40,859		25,597		4,912		16,395
	$	61,551	$	39,523	$	7,631	$	25,581