DEPOSITS (Note 9)

Included in time deposits are certificates of deposit over $250 thousand totaling $1.1 billion and $647.3 million at December 31, 2018 and 2017, respectively. Interest expense on time deposits of $250 thousand or more totaled approximately $6.6 million, $1.3 million, and $1.1 million in 2018, 2017 and 2016, respectively.

The scheduled maturities of time deposits as of December 31, 2018 are as follows:



Year	Amount
	(in thousands)
2019	$	4,987,313
2020	1,551,067
2021	163,059
2022	176,727
2023	143,287
Thereafter	42,531
Total time deposits	$	7,063,984

Deposits from certain directors, executive officers and their affiliates totaled $66.8 million and $77.7 million at December 31, 2018 and 2017, respectively.