Deposits

6 Months Ended

Jun. 30, 2023

Deposits at June 30, 2023 and December 31, 2022 are summarized as follows:


	June 30,		December 31,
	2023		2022
	(In thousands)

Non-interest-bearing demand	$	1,509,852	$	1,806,152
Interest-bearing demand	2,064,803		2,592,884
Money market accounts	1,085,317		718,524
Savings and club deposits	782,996		913,738
Certificates of deposit	2,271,188		1,969,861
Total deposits	$	7,714,156	$	8,001,159

The aggregate amount of certificates of deposit that meet or exceed $100,000 totaled approximately $1.3 billion and $1.1 billion at June 30, 2023 and December 31, 2022, respectively. Interest expense on deposits for the three months ended June 30, 2023 and 2022 totaled $28.7 million and $4.7 million, respectively. Interest expense on deposits for the six months ended June 30, 2023 and 2022 totaled $45.8 million and $9.4 million, respectively.

Uninsured deposits (excluding municipal deposits of $762.0 million, which are collateralized, and $3.6 billion of intercompany deposits) totaled $1.9 billion at June 30, 2023, representing a decrease of $376.1 million, from $2.2 billion at December 31, 2022. Columbia Bank and Freehold Bank both provide eligible customers additional security by increasing their FDIC insured protection beyond the $250,000 limit through the IntraFi Cash Service ("ICS") and the Certificate of Deposit Account Registry Service ("CDARS"). These funds are placed in multiple banks throughout the network and are managed solely through their current relationship at each bank to provide FDIC coverage for the entire deposit balance.

11. Deposits (continued)

Scheduled maturities of certificates of deposit accounts at June 30, 2023 and December 31, 2022 are summarized as follows:


	June 30,		December 31,
	2023		2022
	(In thousands)

One year or less	$	1,555,609	$	1,189,826
After one year to two years	613,851		610,965
After two years to three years	58,194		92,120
After three years to four years	23,599		48,981
After four years	19,935		27,969
	$	2,271,188	$	1,969,861