Deposits

12 Months Ended

Dec. 31, 2021

Financial Services, Banking and Thrift [Abstract]

Deposits

DEPOSITS (Note 9)

Included in time deposits are certificates of deposit over $250 thousand totaling $861.5 million and $1.4 billion at December 31, 2021 and 2020, respectively. Interest expense on time deposits of $250 thousand or more totaled approximately $1.1 million, $4.5 million and $5.8 million in 2021, 2020 and 2019, respectively.

The scheduled maturities of time deposits as of December 31, 2021 were as follows: 

Year	Amount
	(in thousands)
2022	$	2,986,056
2023	434,952
2024	72,499
2025	40,134
2026	88,132
Thereafter	65,271
Total time deposits	$	3,687,044

Deposits from certain directors, executive officers and their affiliates totaled $92.3 million and $97.3 million at December 31, 2021 and 2020, respectively.