DEPOSITS

Deposits consist of the following:



(dollars in thousands)	September 30, 2019				December 31, 2018
(dollars in thousands)	Balance		%		Balance		%
Noninterest-bearing demand	$	243,425	15.60	%	$	209,378	14.65	%
Interest-bearing:
Demand	539,512		34.59	%	437,170		30.57	%
Money market deposits	274,743		17.61	%	266,160		18.62	%
Savings	67,544		4.33	%	69,892		4.89	%
Certificates of deposit	434,736		27.87	%	447,029		31.27	%
Total interest-bearing	1,316,535		84.40	%	1,220,251		85.35	%
Total Deposits	$	1,559,960	100.00	%	$	1,429,629	100.00	%

The aggregate amount of certificates of deposit that exceed the FDIC insurance limit of $250,000 at September 30, 2019 and December 31, 2018 was $88.8 million and $117.2 million, respectively.

The FDIC’s examination policies require that the Company monitor all customer deposit concentrations at or above 2% of total deposits. At September 30, 2019, the Bank had three customer deposit relationships that exceeded 2% of total deposits, totaling $320.3 million which represented 20.50% of total deposits. At December 31, 2018, the Bank had one customer deposit relationship that exceeded 2% of total deposits, totaling $158.8 million which represented 11.1% of total deposits. The reported concentrations at September 30, 2019 and December 31, 2018 were with local municipal agencies.