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


Dollars in thousands	2020		2019
Demand deposits, interest bearing	$	934,185	$	630,351
Savings deposits	621,168		418,096
Time deposits	599,480		604,237
Total	$	2,154,833	$	1,652,684

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $55.5 million and $150.6 million at December 31, 2020 and 2019, respectively.

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


Dollars in thousands	Amount
2021	$	421,771
2022	93,702
2023	46,084
2024	16,106
2025	13,055
Thereafter	8,762
Total	$	599,480

Time certificates of deposit in denominations of $100,000 or more totaled $352.3 million and $387.8 million at December 31, 2020 and 2019, 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, 2020:


Dollars in thousands	Amount		Percent
Three months or less	$	82,827	23.5	%
Three through six months	72,428		20.6	%
Six through twelve months	94,144		26.7	%
Over twelve months	102,931		29.2	%
Total	$	352,330	100.00	%

The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit of $250,000 totaled $81.4 million and $198.1 million at December 31, 2020 and 2019.

At December 31, 2020 and 2019, our deposits of related parties including directors, executive officers and their related interests approximated $51.7 million and $31.2 million.