DEPOSITS

The following is a summary of interest bearing deposits by type as of December 31, 2018 and 2017:



Dollars in thousands	2018		2017
Demand deposits, interest bearing	$	523,257	$	410,606
Savings deposits	284,173		358,168
Time deposits	605,276		614,334
Total	$	1,412,706	$	1,383,108

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $220.5 million and $216.9 million at December 31, 2018 and 2017, respectively.

A summary of the scheduled maturities for all time deposits as of December 31, 2018 is as follows:



Dollars in thousands	Amount
2019	$	249,585
2020	175,665
2021	81,778
2022	34,397
2023	16,266
Thereafter	47,585
Total	$	605,276

Time certificates of deposit in denominations of $100,000 or more totaled $417.3 million and $416.3 million at December 31, 2018 and 2017, 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, 2018:



Dollars in thousands	Amount		Percent
Three months or less	$	41,752	10.0	%
Three through six months	52,370		12.5	%
Six through twelve months	70,479		16.9	%
Over twelve months	252,697		60.6	%
Total	$	417,298	100.00	%

The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit of $250,000 totaled $255.8 million and $239.6 million at December 31, 2018 and 2017.

At December 31, 2018 and 2017, our deposits of related parties including directors, executive officers and their related interests approximated $37.1 million and $16.0 million.