The aggregate amounts of certificates of deposit, with a minimum denomination of $250,000, were $95.7 million and $82.8 million at December 31, 2020 and 2019, respectively.

Time deposits include brokered deposits purchased through the Certificate of Deposit Account Registry Service (“CDARS”). The balance of these time deposits was $2.2 million at December 31, 2020 and 2019. The decision to utilize this funding depends on the Bank’s liquidity needs and the pricing of CDARS deposits compared to other potential funding sources.

At December 31, 2020, the scheduled maturities of time deposits for the next five years and thereafter were as follows:

(Dollars in thousands)
2021	$	117,792
2022		57,642
2023		28,532
2024		40,541
2025		5,671
2026 and beyond		1,265
Total	$	251,443

Brokered deposits totaled $31.7 million and $30.6 million at December 31, 2020 and 2019, respectively. Additionally, deposits obtained through the certificate of deposit listing service totaled $14.8 million and $19.2 million at December 31, 2020 and 2019, respectively.