Deposits

12 Months Ended

Dec. 31, 2019

Deposits

Deposits

Note 8. Deposits

The composition of deposits is as follows (dollars in thousands):

	December 31, 2019		December 31, 2018
Demand deposits, noninterest-bearing	$	1,832,619	$	1,464,700
Interest-bearing transaction deposits		1,989,854		1,435,574
Saving deposits and money market deposits		2,545,073		1,852,044
Time deposits		1,534,850		1,497,003
Total	$	7,902,396	$	6,249,321

The Company held brokered savings deposits and money market deposits of $12.5 million and $17.5 million at December 31, 2019 and 2018, respectively.

The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $854.1 million and $673.7 million at December 31, 2019 and 2018, respectively. The aggregate amount of time deposits with a minimum denomination that meets or exceeds the FDIC insurance limit of $250,000 was approximately $297.4 million and $264.1 million at December 31, 2019 and 2018, respectively. The Company held brokered time deposits of $5.5 million and $262.5 million at December 31, 2019 and 2018, respectively.

As of December 31, 2019, the scheduled maturities of time deposits are as follows (dollars in thousands):

2020	$	1,012,295
2021		283,684
2022		127,593
2023		64,920
2024		46,347
Thereafter		11
	$	1,534,850