Deposits

6 Months Ended

Jun. 30, 2020

Deposits

Deposits

Note 5: Deposits

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

	June 30, 2020		December 31, 2019
Demand deposits, noninterest-bearing	$	2,764,408	$	1,832,619
Interest-bearing transaction deposits		2,226,488		1,989,854
Saving deposits and money market deposits		2,555,273		2,545,073
Time deposits		1,363,497		1,534,850
Total	$	8,909,666	$	7,902,396

The Company held brokered saving deposits and money market deposits of $31.3 million and $12.5 million at June 30, 2020 and December 31, 2019, respectively.

The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $745.1 million and $854.1 million at June 30, 2020 and December 31, 2019, respectively. The aggregate amount of time deposits with a minimum denomination that meets or exceeds the Federal Deposit Insurance Corporation (“FDIC”) insurance limit of $250,000 was approximately $282.9 million and $297.4 million at June 30, 2020 and December 31, 2019, respectively. The Company held brokered time deposits of $5.3 million and $5.5 million at June 30, 2020 and December 31, 2019, respectively.

As of June 30, 2020, the scheduled maturities of time deposits are as follows (dollars in thousands):

July 1, 2020 - June 31, 2021	$	893,481
July 1, 2021 - June 31, 2022		291,959
July 1, 2022 - June 31, 2023		80,966
July 1, 2023 - June 31, 2024		75,481
July 1, 2024 - June 31, 2025		21,596
Thereafter		14
	$	1,363,497