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Deposits
12 Months Ended
Dec. 31, 2020
Deposits [Abstract]  
Deposits 12. Deposits

The aggregate amount of time deposits in denomination of $250,000 or more was $68.6 million at December 31, 2020 and $93.6 million at December 31, 2019. The aggregate amount of time deposits with a minimum denomination of $100,000 was $139.5 million and $157.7 million at December 31, 2020 and 2019, respectively. At December 31, 2020, $0.2 million of deposit overdrafts were re-classified as loans.

The following is a summary of the scheduled maturities of all time deposits as of December 31, 2020 (in thousands):

2021

$

142,767

2022

55,372

2023

23,447

2024

3,421

2025

3,177

Thereafter

45

Total

$

228,229

In the ordinary course of business, executive officers and directors of the Corporation, including their families and companies in which certain directors are principal owners, were deposit customers of the Bank. Pursuant to the Bank’s policies, such deposits are on the same terms as those prevailing at the time for comparable deposits with persons who are not related to the Corporation. At December 31, 2020, executive officers and directors had approximately $11.2 million in deposits with the Bank compared to $7.8 million at December 31, 2019.