As of December 31, 2021 and 2020, deposits consisted of the following (in thousands):

	2021		2020
Demand deposits:
Non-interest bearing	$	1,246,673	$	936,926
Interest-bearing		1,452,765		1,031,183
Savings		626,523		499,427
Money market		1,068,473		748,179
Time deposits		562,052		477,069
Total deposits	$	4,956,486	$	3,692,784

Total interest expense on deposits for the years ended December 31, 2021, 2020, and 2019 was as follows (in thousands):

	2021		2020		2019
Interest-bearing demand	$	1,547	$	1,462	$	2,741
Savings		487		426		590
Money market		2,711		2,270		3,742
Time deposits		4,292		8,593		11,866
Total	$	9,037	$	12,751	$	18,939

As of December 31, 2021, 2020, and 2019, the aggregate amount of time deposits in denominations of more than $250,000 was as follows (in thousands):

		2021				2020				2019
Time deposit balances in denominations of more than $250,000		$	117,887			$	98,277			$	107,285

The following table shows the amount of maturities for all time deposits as of December 31, 2021 (in thousands):

Less than 1 year	$	417,991
1 year to 2 years		81,146
2 years to 3 years		29,135
3 years to 4 years		15,483
4 years to 5 years		18,233
Over 5 years		64
Total	$	562,052

In 2021 the Company maintained account relationships with various public entities throughout its market areas. These public entities had total balances of approximately $291.4 million and $227.6 million in various checking accounts and time deposits as of December 31, 2021 and 2020, respectively. These balances are subject to change depending upon the cash flow needs of the public entity.