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Deposits
 12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Deposits
(6)
Deposits


Interest expense on deposits was as follows:

(dollars in thousands)
  
For the year ended December 31,
  
 
  
2019
    
2018
    
2017
  
 
                  
Interest bearing checking accounts
  
$
288
      
442
      
478
  
Savings accounts
    
1,338
      
1,657
      
1,729
  
Time deposits and money market accounts
    
33,227
      
16,859
      
10,983
  
Total
  
$
34,853
      
18,958
      
13,190
  


At December 31, 2019, the maturity of total time deposits is as follows:

(dollars in thousands)
      
 
      
Under 1 year
  
$
1,268,816
  
1 to 2 years
    
114,098
  
2 to 3 years
    
8,706
  
3 to 4 years
    
3,619
  
4 to 5 years
    
2,741
  
Over 5 years
    
197
  
 
  
$
1,398,177
  


Included in total time deposits as of December 31, 2019 and 2018 is $ 227.6 million and $182.2 million in time deposits with balances in excess of $250,000.