Deposits

At December 31, 2018, the contractual maturities of time deposits, including brokered time deposits, are summarized as follows (in thousands):



2019	$	1,662,307
2020	310,991
2021	65,134
2022	30,760
2023	11,092
thereafter	62,029
	$	2,142,313

At December 31, 2018 and 2017, time deposits (excluding brokered time deposits) that met or exceeded the FDIC insurance limit of $250,000 totaled $262 million and $205 million, respectively.

At December 31, 2018 and 2017, United held $544 million and $133 million, respectively, in certificates of deposit obtained through third party brokers. The daily average balance of these brokered deposits totaled $347 million and $109 million in 2018 and 2017, respectively. The brokered certificates of deposit at December 31, 2018 had maturities ranging from 2019 through 2033 and are callable by United. United has certain market-linked brokered deposits that are considered hybrid instruments that contain embedded derivatives that have been bifurcated from the host contract leaving host instruments paying a rate of 90 day LIBOR minus a spread that, at times, has resulted in a negative yield.