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Deposits
 9 Months Ended
Sep. 30, 2021
Text Block [Abstract]  
Deposit Liabilities Disclosures Deposits
Peoples’ deposit balances were comprised of the following:

(Dollars in thousands)September 30, 2021December 31, 2020
Retail CDs:  
$100 or more$343,324 $220,532 
Less than $100348,356 225,398 
Retail CDs691,680 445,930 
Interest-bearing deposit accounts1,140,639 692,113 
Savings accounts1,016,755 628,190 
Money market deposit accounts637,635 591,373 
Governmental deposit accounts679,305 385,384 
Brokered deposit accounts (a)106,013 170,146 
Total interest-bearing deposits4,272,027 2,913,136 
Non-interest-bearing deposits1,559,993 997,323 
Total deposits$5,832,020 $3,910,459 
(a) At September 30, 2021, brokered deposit accounts included $100.0 million of brokered demand deposits.
At December 31, 2020, brokered deposit accounts included $50.0 million of 90-day brokered CDs and
$110.0 million of brokered demand deposits

Time deposits that met or exceeded the Federal Deposit Insurance Corporation ("FDIC") limit of $250,000 were $134.3 million and $89.0 million at September 30, 2021 and December 31, 2020, respectively. The increase compared to December 31, 2020 was mostly due to the deposits acquired from Premier.
The contractual maturities of retail CDs and brokered CDs and demand deposits for each of the next five years and thereafter are as follows:
(Dollars in thousands)RetailBrokeredTotal
Remaining three months ending December 31, 2021 (a)$142,996 $101,307 $244,303 
Year ending December 31, 2022375,448 4,216 379,664 
Year ending December 31, 202366,339 490 66,829 
Year ending December 31, 202462,021 — 62,021 
Year ending December 31, 202522,021 — 22,021 
Thereafter22,855 — 22,855 
Total CDs$691,680 $106,013 $797,693 
(a) Brokered deposit accounts include $100.0 million of brokered demand deposits.
At September 30, 2021, Peoples had sixteen effective interest rate swaps, with an aggregate notional value of $150.0 million, of which $100.0 million were funded by brokered demand and savings deposits. Brokered demand deposits hedged by interest rate swaps are expected to be extended every 90 days through the maturity dates of the swaps. Additional information regarding Peoples' interest rate swaps can be found in "Note 10 Derivative Financial Instruments."