Deposits

12 Months Ended

Dec. 31, 2019

DEPOSITS (Note 10)

Included in time deposits are certificates of deposit over $250 thousand totaling $1.7 billion and $1.1 billion at December 31, 2019 and 2018, respectively. Interest expense on time deposits of $250 thousand or more totaled approximately $5.8 million, $6.6 million and $1.3 million in 2019, 2018 and 2017, respectively.

The scheduled maturities of time deposits as of December 31, 2019 are as follows:



Year	Amount
	(in thousands)
2020	$	8,507,854
2021	657,366
2022	343,224
2023	134,800
2024	56,775
Thereafter	17,926
Total time deposits	$	9,717,945

Deposits from certain directors, executive officers and their affiliates totaled $67.1 million and $66.8 million at December 31, 2019 and 2018, respectively.