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Deposits | 12 Months Ended
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Dec. 31, 2021
Deposits, by Component, Alternative [Abstract] |
DEPOSITS | DEPOSITS The aggregate amount of overdrawn deposit accounts reclassified as loan balances totaled $626,000 and $406,000 as of December 31, 2021 and 2020, respectively. Components of interest-bearing deposits as of December 31 are as follows:
(dollars in thousands) | 2021 |  | 2020
Interest-bearing demand | $ | 930,811 |  |  | $ | 433,554 |
Savings and money market deposits | 541,993 |  |  | 422,860 |
Time, $250,000 and over | 73,407 |  |  | 34,905 |
Other time | 275,821 |  |  | 226,709 |
Total interest-bearing deposits | $ | 1,822,032 |  |  | $ | 1,118,028 |
At December 31, 2021 and 2020, the Company had brokered deposits of $883,000 and $1.1 million, respectively. All of these brokered deposits represent Certificate of Deposit Account Registry Service (CDARS) reciprocal deposits. The CDARS deposits are ones in which customers placed core deposits into the CDARS program for FDIC insurance coverage and the Company receives reciprocal brokered deposits in a like amount. The aggregate amount of jumbo certificates of deposit, each with a minimum denomination of $250,000 was $73.4 million and $34.9 million as of December 31, 2021 and 2020, respectively. As of December 31, 2021, the scheduled maturities of certificates of deposit are as follows:
(dollars in thousands) |  |
Year Ending December 31 |  | Amount
2022 |  | $ | 250,852 |
2023 |  | 53,544 |
2024 |  | 29,680 |
2025 |  | 8,048 |
2026 |  | 6,216 |
Thereafter |  | 888 |
Total time deposits |  | $ | 349,228 |

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
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