DEPOSITS

12 Months Ended

Dec. 31, 2015

Note 8 – Deposits

The following table presents the composition of deposits at December 31 for the years indicated:

(In thousands)				2015		2014
Noninterest-bearing deposits				$	1,001,841	$	993,737
Interest-bearing deposits:
	Demand				570,333		534,605
	Money market savings				898,655		828,494
	Regular savings				284,457		264,751
	Time deposits of less than $100,000				248,172		239,857
	Time deposits of $100,000 or more				260,272		205,065
		Total interest-bearing deposits			2,261,889		2,072,772
			Total deposits	$	3,263,730	$	3,066,509

Demand deposit overdrafts reclassified as loan balances were $1.4 million and $2.2 million at December 31, 2015 and 2014, respectively. Overdraft charge-offs and recoveries are reflected in the allowance for loan and lease losses.

The following table presents the maturity schedule for time deposits maturing within years ending December 31:

(In thousands)		Amount
2016		$	251,383
2017			140,535
2018			46,321
2019			37,986
Thereafter			32,219
	Total time deposits	$	508,444

The Company's time deposits of $100,000 or more represented 8.0% of total deposits at December 31, 2015 and are presented by maturity in the following table:

	Months to Maturity
	3 or		Over 3		Over 6		Over
(In thousands)	Less		to 6		to 12		12		Total
Time deposits--$100 thousand or more	$	35,887	$	31,978	$	49,942	$	142,465	$	260,272

Interest expense on time deposits of $100,000 or more amounted to $2.2 million, $1.5 million and $1.7 million for the years ended December 31, 2015, 2014 and 2013, respectively.