Note 9 - Deposits

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

(9)

Deposits

The composition of interest bearing deposits follows:

	December 31,
(In thousands)	201 6		201 5
Interest bearing demand	$	768,139	$	737,347
Savings		140,030		127,496
Money market		682,421		655,729
Time deposits of more than $250,000		40,427		38,988
Other time deposits		209,375		228,374
Total interest bearing deposits	$	1,840,392	$	1,787,934

Interest expense related to certificates of deposit and other time deposits in denominations of

$250

thousand or more was

$231

thousand,

$313

thousand, and

$437

thousand, respectively, for the years ended

December

 

31,

2016,

2015

and

2014.

At

December

 

31,

2016,

the scheduled maturities of time deposits were as follows (in thousands):

2017	$	171,827
2018		52,522
2019		11,011
2020		10,255
2021 and thereafter		4,187
	$	249,802

Deposits of directors and their associates, including deposits of companies for which directors are principal owners, and executive officers were

$30.5

million and

$25.5

million at

December

31,

2016

and

2015,

respectively.

At

December

31,

2016

and

2015,

Bancorp had

$449

thousand and

$774

thousand, respectively, of deposits accounts in overdraft status and thus have been reclassified to loans on the accompanying consolidated balance sheets.