Note 7 - Deposit Liabilities

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

7

.

Deposit Liabilities

Major classifications of deposits are summarized as follows for the dates indicated:

December 31, (In thousands)	2016		2015
Noninterest Bearing	$	334,676	$	313,969
Interest Bearing
Demand		348,197		328,803
Savings		416,611		400,844
Time		270,423		325,378
Total interest bearing		1,035,231		1,055,025
Total Deposits	$	1,369,907	$	1,368,994

At

December

31,

2016,

the scheduled maturities of time deposits were as follows

:

(In thousands)	Amount
2017	$	168,407
2018		54,791
2019		24,107
2020		14,200
2021		4,951
Thereafter		3,967
Total	$	270,423

Time deposits that meet or exceed the Federal Deposit Insurance Corporation (“FDIC”) limit of

$250

thousand were

$18.6

million and

$23.3

million at

December

31,

2016

and

2015,

respectively.

Deposits from directors, executive officers, and principal shareholders of the Parent Company and its subsidiaries (including deposits from affiliated companies of which they are principal owners) and deposits from members of the immediate family of such persons were

$28.6

million and

$28.1

million at

December

31,

2016

and

2015,

respectively. Such deposits were accepted in the normal course of business on substantially the same terms as those prevailing at the time for comparable transactions with other customers.