DEPOSITS (Note 9)

Included in time deposits are certificates of deposit over $250 thousand totaling $647.3 million and $550.2 million at December 31, 2017 and 2016, respectively. Interest expense on time deposits of $250 thousand or more totaled approximately $1.3 million, $1.1 million, and $2.3 million in 2017, 2016 and 2015, respectively.

The scheduled maturities of time deposits as of December 31, 2017 are as follows:



Year	Amount
	(in thousands)
2018	$	1,920,543
2019	747,876
2020	316,238
2021	221,472
2022	198,264
Thereafter	159,128
Total time deposits	$	3,563,521

Deposits from certain directors, executive officers and their affiliates totaled $77.7 million and $85.6 million at December 31, 2017 and 2016, respectively.