Deposits

12 Months Ended

Dec. 31, 2015

Deposits:

Deposits

(8.) DEPOSITS

A summary of deposits as of December 31 are as follows (in thousands):

		2015		2014
Noninterest-bearing demand	$	641,972	$	571,260
Interest-bearing demand		523,366		490,190
Savings and money market		928,175		795,835
Time deposits, due:
Within one year		450,885		395,956
One to two years		97,059		122,819
Two to three years		46,545		11,448
Three to five years		42,482		62,991
Thereafter		47		28
Total time deposits		637,018		593,242
Total deposits	$	2,730,531	$	2,450,527

Time deposits in denominations of $250,000 or more at December 31, 2015 and 2014 amounted to $92.0 million and $66.5 million, respectively.

Interest expense by deposit type for the years ended December 31 is summarized as follows (in thousands):

		2015		2014		2013
Interest-bearing demand	$	754	$	607	$	729
Savings and money market		1,166		913		978
Time deposits		5,386		4,846		4,893
Total interest expense on deposits	$	7,306	$	6,366	$	6,600