At December 31, 2022 and 2021, deposits consisted of the following ($ in thousands):


	December 31,
	2022		2021
Noninterest-bearing demand	$	4,093,771	$	4,771,065
Interest-bearing demand		4,773,219		4,372,500
Savings		4,282,435		4,745,137
Time		1,288,223		1,198,458
Total	$	14,437,648	$	15,087,160

Interest expense on deposits by type consisted of the following for the periods presented ($ in thousands):


	Years Ended December 31,
	2022		2021		2020
Interest-bearing demand	$	16,409	$	4,906	$	9,985
Savings		9,654		7,912		13,481
Time		3,006		4,127		14,021
Total	$	29,069	$	16,945	$	37,487

Time deposits that exceed the FDIC insurance limit of $250 thousand totaled $247.2 million and $164.0 million at December 31, 2022 and 2021, respectively.

The maturities of interest-bearing deposits at December 31, 2022, are as follows ($ in thousands):


2023	$	996,457
2024		245,655
2025		24,804
2026		9,526
2027		9,139
Thereafter		2,642
Total time deposits		1,288,223
Interest-bearing deposits with no stated maturity		9,055,654
Total interest-bearing deposits	$	10,343,877