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Deposits (Tables) | 12 Months Ended
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Dec. 31, 2020
Deposits [Abstract] |
Scheduled Maturities of Time Deposits | At December 31, 2020, the scheduled maturities of time deposits are as follows:
Year Ending December 31, |  | Time Deposits of $250,000 or More |  |  | Other Time Deposits |  |  | Total |
|  | (in thousands) |
2021 |  | $ | 296,455 |  |  | $ | 825,677 |  |  | $ | 1,122,132 |
2022 |  |  | 14,315 |  |  |  | 115,832 |  |  |  | 130,148 |
2023 |  |  | 804 |  |  |  | 22,881 |  |  |  | 23,685 |
2024 |  |  | — |  |  |  | 5,382 |  |  |  | 5,382 |
2025 & thereafter |  |  | 264 |  |  |  | 2,089 |  |  |  | 2,352 |
Total |  | $ | 311,838 |  |  | $ | 971,861 |  |  | $ | 1,283,699 |
Summary of Interest Expense on Deposits | A summary of interest expense on deposits was as follows for the periods indicated:
|  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | (in thousands) |
Demand: interest-bearing |  | $ | 70 |  |  | $ | 116 |  |  | $ | 106 |
Money market and savings |  |  | 11,016 |  |  |  | 23,556 |  |  |  | 16,182 |
Time deposits of $250,000 or more |  |  | 3,521 |  |  |  | 6,338 |  |  |  | 9,598 |
Other time deposits |  |  | 19,387 |  |  |  | 33,095 |  |  |  | 17,194 |
Total interest expense on deposits |  | $ | 33,994 |  |  | $ | 63,105 |  |  | $ | 43,080 |

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