DEPOSITS

12 Months Ended

Dec. 31, 2017

Deposits [Abstract]

DEPOSITS

Note 8 – Deposits

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

(In thousands)				2017		2016
Noninterest-bearing deposits				$	1,264,392	$	1,138,139
Interest-bearing deposits:
	Demand				658,716		615,058
	Money market savings				1,030,432		927,837
	Regular savings				321,171		310,471
	Time deposits of less than $100,000				293,201		258,621
	Time deposits of $100,000 or more				395,750		327,418
		Total interest-bearing deposits			2,699,270		2,439,405
			Total deposits	$	3,963,662	$	3,577,544

Demand deposit overdrafts reclassified as loan balances were $2.0 million and $1.3 million at December 31, 2017and 2016, respectively. Overdraft charge-offs and recoveries are reflected in the allowance for loan losses.

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

(In thousands)		Amount
2018		$	365,533
2019			187,407
2020			71,325
2021			28,914
Thereafter			35,772
	Total time deposits	$	688,951

The Company's time deposits of $100,000 or more represented 9.0% of total deposits at December 31, 2017and 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	$	33,046	$	68,127	$	111,421	$	183,156	$	395,750

Interest expense on time deposits of $100,000 or more amounted to $4.5 million, $3.2 million and $2.2 million for the years ended December 31, 2017, 2016and 2015, respectively.

Deposits received in the ordinary course of business from the directors and officers of the Company amounted to $29.9 million and $26.7 million for the years ended December 31, 2017 and 2016, respectively