DEPOSITS

The following is a summary of interest bearing deposits by type as of December 31, 2017 and 2016:



Dollars in thousands	2017		2016
Demand deposits, interest bearing	$	410,606	$	262,591
Savings deposits	358,168		337,348
Time deposits	614,334		545,843
Total	$	1,383,108	$	1,145,782

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $216.9 million and $205.7 million at December 31, 2017 and 2016, respectively.

A summary of the scheduled maturities for all time deposits as of December 31, 2017 is as follows:



Dollars in thousands	Amount
2018	$	266,269
2019	151,477
2020	93,616
2021	55,055
2022	34,863
Thereafter	13,054
Total	$	614,334

Time certificates of deposit in denominations of $100,000 or more totaled $416.3 million and $413.1 million at December 31, 2017 and 2016, respectively. The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of December 31, 2017:



Dollars in thousands	Amount		Percent
Three months or less	$	57,719	13.9	%
Three through six months	48,885		11.7	%
Six through twelve months	54,161		13.0	%
Over twelve months	255,503		61.4	%
Total	$	416,268	100.00	%

The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit of $250,000 totaled $239.6 million and $235.1 million at December 31, 2017 and 2016.

At December 31, 2017 and 2016, our deposits of related parties including directors, executive officers and their related interests approximated $16.0 million and $14.7 million.