The following is a summary of interest bearing deposits by type as of March 31, 2020 and December 31, 2019:



Dollars in thousands	March 31, 2020		December 31, 2019
Demand deposits, interest bearing	$	648,214	$	630,351
Savings deposits	457,010		418,096
Time deposits	602,244		604,237
Total	$	1,707,468	$	1,652,684

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $111.2 million and $150.6 million at March 31, 2020 and December 31, 2019, respectively.

A summary of the scheduled maturities for all time deposits as of March 31, 2020 is as follows:



Dollars in thousands
Nine month period ending December 31, 2020	$	290,895
Year ending December 31, 2021	214,158
Year ending December 31, 2022	43,970
Year ending December 31, 2023	19,402
Year ending December 31, 2024	14,050
Thereafter	19,769
Total	$	602,244

The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit of $250,000 totaled $196.0 million at March 31, 2020 and $198.1 million at December 31, 2019.