Deposits

9 Months Ended

Sep. 30, 2020

Deposits

Deposits

Note 5: Deposits

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

	September 30, 2020		December 31, 2019
Demand deposits, noninterest-bearing	$	2,595,075	$	1,832,619
Interest-bearing transaction deposits		2,266,338		1,989,854
Saving deposits and money market deposits		2,553,521		2,545,073
Time deposits		1,227,767		1,534,850
Total	$	8,642,701	$	7,902,396

The Company held brokered saving deposits and money market deposits of $11.0 million and $12.5 million at September 30, 2020 and December 31, 2019, respectively.

The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $641.0 million and $854.1 million at September 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 $234.1 million and $297.4 million at September 30, 2020 and December 31, 2019, respectively. The Company held brokered time deposits of $5.3 million and $5.5 million at September 30, 2020 and December 31, 2019, respectively.

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

October 1, 2020 - September 30, 2021	$	803,854
October 1, 2021 - September 30, 2022		260,163
October 1, 2022 - September 30, 2023		81,550
October 1, 2023 - September 30, 2024		63,121
October 1, 2024 - September 30, 2025		19,065
Thereafter		14
	$	1,227,767