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Deposits | 12 Months Ended
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Dec. 31, 2021
DEPOSIT ACCOUNTS |
Deposits | Deposits The following table presents the composition of the Company’s deposits as of December 31, 2021 and 2020:
($ in thousands) |  | December 31,
| 2021 |  | 2020
Deposits: |  |  |  |
Noninterest-bearing demand |  | $ | 22,845,464 |  |  | $ | 16,298,301 |
Interest-bearing checking |  | 6,524,721 |  |  | 6,142,193 |
Money market |  | 13,130,300 |  |  | 10,740,667 |
Savings |  | 2,888,065 |  |  | 2,681,242 |
Time deposits (1): |  |  |  |
Domestic office |  | 6,940,013 |  |  | 8,159,641 |
Foreign office |  | 1,021,969 |  |  | 840,708 |
Total deposits |  | $ | 53,350,532 |  |  | $ | 44,862,752 |
(1)The aggregate amount of time deposits that met or exceeded the deposit insurance limit was $5.95 billion and $6.62 billion as of December 31, 2021 and 2020, respectively. The following table presents the scheduled maturities of time deposits for the five years succeeding December 31, 2021 and thereafter:
($ in thousands) |  | Amount
2022 |  | $ | 7,605,509 |
2023 |  | 285,518 |
2024 |  | 57,727 |
2025 |  | 6,545 |
2026 |  | 6,668 |
Thereafter |  | 15 |
Total |  | $ | 7,961,982 |

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
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