As of December 31, 2024 and 2023, deposits consisted of the following (in thousands):


	2024		2023
Demand deposits:
Non-interest bearing	$	1,329,155	$	1,398,234
Interest-bearing		1,907,734		1,837,296
Savings		636,427		710,586
Money market		1,196,537		1,129,950
Time deposits		987,243		1,047,593
Total deposits	$	6,057,096	$	6,123,659

Total interest expense on deposits for the years ended December 31, 2024, 2023, and 2022 was as follows (in thousands):


	2024		2023		2022
Interest-bearing demand	$	33,697	$	21,347	$	4,315
Savings		810		739		570
Money market		34,302		26,592		9,394
Time deposits		38,110		28,616		4,534
Total	$	106,919	$	77,294	$	18,813

As of December 31, 2024, 2023, and 2022, the aggregate amount of time deposits in denominations of more than $250,000 was as follows (in thousands):


	2024		2023		2022
Time deposit balances in denominations of more than $250,000	$	341,432	$	282,028	$	138,056

The following table shows the amount of maturities for all time deposits as of December 31, 2024 (in thousands):


Less than 1 year	$	872,773
1 year to 3 years		94,538
3 years to 5 years		19,333
Over 5 years		599
Total	$	987,243

In 2024 the Company maintained account relationships with various public entities throughout its market areas. These public entities had total balances of approximately $261.2 million and $381.3 million in various checking accounts and time deposits as of December 31, 2024 and 2023, respectively. These balances are subject to change depending upon the cash flow needs of the public entity.