As of December 31, 2020 and 2019, deposits consisted of the following (in thousands):

	2020		2019
Demand deposits:
Non-interest bearing	$	936,926	$	633,331
Interest-bearing		1,031,183		850,956
Savings		499,427		428,778
Money market		748,179		419,801
Time deposits		477,069		584,500
Total deposits	$	3,692,784	$	2,917,366

Total interest expense on deposits for the years ended December 31, 2020, 2019 and 2018 was as follows (in thousands):

	2020		2019		2018
Interest-bearing demand	$	1,462	$	2,741	$	1,158
Savings		426		590		579
Money market		2,270		3,742		2,135
Time deposits		8,593		11,866		4,699
Total	$	12,751	$	18,939	$	8,571

As of December 31, 2020, 2019 and 2018, the aggregate amount of time deposits in denominations of more than $250,000 was as follows (in thousands):

		2020				2019				2018
Time deposit balances in denominations of more than $250,000		$	98,277			$	107,285			$	87,517

The following table shows the amount of maturities for all time deposits as of December 31, 2020 (in thousands):

Less than 1 year	$	349,506
1 year to 2 years		70,312
2 years to 3 years		26,498
3 years to 4 years		18,555
4 years to 5 years		12,100
Over 5 years		98
Total	$	477,069

In 2020 the Company maintained account relationships with various public entities throughout its market areas. These public entities had total balances of approximately $227.6 million and $258.4 million in various checking accounts and time deposits as of December 31, 2020 and 2019, respectively. These balances are subject to change depending upon the cash flow needs of the public entity.