Deposits

12 Months Ended

Dec. 31, 2021

Deposits [Abstract]

Deposits

DEPOSITS

The following is a summary of interest bearing deposits by type as of December 31, 2021 and 2020:

Dollars in thousands	2021		2020
Demand deposits, interest bearing	$	1,127,298	$	934,185
Savings deposits	698,156		621,168
Time deposits	548,649		599,480
Total	$	2,374,103	$	2,154,833

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $14.7 million and $55.5 million at December 31, 2021 and 2020, respectively.

A summary of the scheduled maturities for all time deposits as of December 31, 2021 is as follows:

Dollars in thousands	Amount
2022	$	388,387
2023	99,843
2024	24,228
2025	14,329
2026	14,371
Thereafter	7,491
Total	$	548,649

Time certificates of deposit in denominations of $250,000 or more totaled $98.9 million at December 31, 2021. The following is a summary of the maturity distribution of such deposits.

Dollars in thousands	Amount
Three months or less	$	22,387
Three through six months	15,553
Six through twelve months	27,206
Over twelve months	33,789
Total	$	98,935

At December 31, 2021 and 2020, our deposits of related parties including directors, executive officers and their related interests approximated $63.9 million and $51.7 million.