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DEPOSITS
12 Months Ended
Dec. 31, 2022
Deposits [Abstract]  
DEPOSITS DEPOSITS
Deposits in the accompanying consolidated balance sheets are classified as follows (in thousands):
 December 31, 2022December 31, 2021
Noninterest bearing demand deposits:  
Private accounts$1,607,952 $1,591,123 
Public accounts63,610 53,652 
Total noninterest bearing demand deposits1,671,562 1,644,775 
Interest bearing deposits:  
Private accounts:  
Savings accounts672,676 643,939 
Money market demand accounts424,676 449,977 
Platinum money market accounts421,826 438,781 
Interest bearing checking accounts1,496,784 1,216,189 
NOW demand accounts13,601 18,376 
CDs of $250,000 or more120,387 68,950 
CDs under $250,000532,409 316,028 
Total private accounts3,682,359 3,152,240 
Public accounts:  
Savings accounts1,949 965 
Money market demand accounts33,871 32,487 
Platinum money market accounts365,720 371,032 
Interest bearing checking accounts89,320 100,581 
NOW demand accounts234,027 240,200 
CDs of $250,000 or more113,810 176,190 
CDs under $250,0005,401 3,857 
Total public accounts844,098 925,312 
Total interest bearing deposits4,526,457 4,077,552 
Total deposits$6,198,019 $5,722,327 
For the years ended December 31, 2022, 2021 and 2020, interest expense on CDs of $250,000 or more was $2.1 million, $1.4 million and $7.4 million, respectively.
At December 31, 2022, the scheduled maturities of CDs, including public accounts, were as follows (in thousands):
2023$619,652 
2024124,823 
202520,249 
20262,791 
20274,388 
2028 and thereafter104 
$772,007 
Brokered deposits consist of CDs and non-maturity deposits. At December 31, 2022, we had $220.9 million in brokered CDs with a weighted average cost of 359 basis points and remaining maturities of less than five months. These brokered CDs are reflected in the CDs under $250,000 category. Brokered non-maturity deposits were $438.4 million at December 31, 2022 with a weighted average cost of 126 basis points. As of December 31, 2021, we had $24.7 million in brokered CDs and $270.1 million in brokered non-maturity deposits. Our current policy allows for maximum brokered deposits of $1.10 billion in brokered deposits.  
At December 31, 2022 and 2021, we had approximately $11.0 million and $10.6 million, respectively, in deposits from related parties, including directors and named executive officers.
The aggregate amount of demand deposit overdrafts that have been reclassified as loans were $1.2 million and $1.1 million at December 31, 2022 and 2021, respectively.