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DEPOSITS
 3 Months Ended
Mar. 31, 2020
Banking and Thrift [Abstract]  
Deposits DEPOSITS
Deposits consist of the following:
(dollars in thousands)March 31, 2020December 31, 2019
Balance%Balance%
Noninterest-bearing demand$254,114  16.80 %$241,174  15.95 %
Interest-bearing:
Demand517,069  34.19 %523,802  34.65 %
Money market deposits281,656  18.62 %283,438  18.75 %
Savings73,874  4.88 %69,254  4.58 %
Certificates of deposit385,876  25.51 %394,169  26.07 %
Total interest-bearing1,258,475  83.20 %1,270,663  84.05 %
Total Deposits$1,512,589  100.00 %$1,511,837  100.00 %
The aggregate amount of certificates of deposit that exceed the FDIC insurance limit of $250,000 at March 31, 2020 and December 31, 2019 was $78.7 million and $86.6 million, respectively.
The FDIC’s examination policies require that the Company monitor all customer deposit concentrations at or above 2% of total deposits. At March 31, 2020, the Bank had two customer deposit relationships that exceeded 2% of total deposits, totaling $250.6 million which represented 16.6% of total deposits. At December 31, 2019, the Bank had two customer deposit relationships that exceeded 2% of total deposits, totaling $297.1 million which represented 19.6% of total deposits. The reported concentrations at March 31, 2020 and December 31, 2019 were with local municipal agencies.