7.DEPOSITS

Time deposits, with minimum denominations of $100 thousand each, totaled $70.2 million and $40.1 million at December 31, 2016 and 2015, respectively. There were overdrawn deposit accounts classified as loans of less than $0.1 million and $0.2 million at December 31, 2016 and 2015, respectively.

At December 31, 2016, the scheduled maturities of all time deposits were as follows:



	(in thousands)
2017	$	60,854
2018		37,611
2019		13,749
2020		17,994
2021		10,741
	$	140,949

In prior years, some of the Company’s time deposits were obtained through brokered transactions. Brokered time deposits totaled $1.2 million at each of December 31, 2016 and 2015.