Deposits

12 Months Ended

Dec. 31, 2018

Interest expense on deposits is summarized as follows (in thousands):



	Year Ended December 31,
	2018		2017		2016
Transaction deposits	$	65,859	$	28,627	$	13,906
Savings	439		359		386
Time:
Certificates of deposits under $100,000	5,751		7,702		8,776
Certificates of deposits $100,000 and over	19,739		12,393		10,123
Other time deposits	3,729		4,722		7,303
Total time	29,219		24,817		26,202
Total	$	95,517	$	53,803	$	40,494

The aggregate amounts of time deposits in denominations of $250,000 or more at December 31, 2018 and 2017 were $756 million and $797 million, respectively.

Time deposit maturities are as follows: 2019 – $1.3 billion, 2020 – $262 million, 2021 – $98 million, 2022 – $115 million, 2023 – $130 million and $211 million thereafter.

The aggregate amount of overdrawn customer transaction deposits that have been reclassified as loan balances was $27 million at December 31, 2018 and $5.9 million at December 31, 2017.