Deposits

12 Months Ended

Dec. 31, 2021

Deposits [Abstract]

Deposits [Text Block]

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

	Year Ended December 31,
	2021		2020		2019
Transaction deposits	$	21,961	$	60,424	$	132,854
Savings	374		385		677
Time:
Certificates of deposits under $100,000	2,961		6,741		8,299
Certificates of deposits $100,000 and over	4,719		18,270		29,288
Other time deposits	3,469		4,176		4,420
Total time	11,149		29,187		42,007
Total	$	33,484	$	89,996	$	175,538

The aggregate amounts of time deposits in denominations of $250,000 or more at December 31, 2021 and 2020 were $828 million and $815 million, respectively.

Time deposit maturities are as follows: 2022 – $1.3 billion, 2023 – $156 million, 2024 – $54 million, 2025 – $39 million, 2026 – $82 million and $25 million thereafter. 

The aggregate amount of overdrawn customer transaction deposits that have been reclassified as loan balances was $3.4 million at December 31, 2021 and $3.1 million at December 31, 2020.