(8) Deposits

Interest expense on deposits is summarized as follows (in thousands):



	December 31,
	2013		2012		2011
Transaction deposits	$	11,155	$	14,300	$	23,415
Savings	442		540		719
Time:
Certificates of deposits under $100,000	16,234		19,150		26,476
Certificates of deposits $100,000 and over	12,273		16,331		21,175
Other time deposits	15,460		16,692		17,105
Total time	43,967		52,173		64,756
Total	$	55,564	$	67,013	$	88,890

The aggregate amounts of time deposits in denominations of $100,000 or more at December 31, 2013 and 2012 were $1.8 billion and $1.9 billion, respectively.

Time deposit maturities are as follows: 2014 – $1.2 billion, 2015 – $456 million, 2016 – $329 million, 2017 – $167 million, 2018 – $204 million and $309 million thereafter. At December 31, 2013 and 2012, the Company had $186 million and $187 million, respectively, in fixed rate, brokered certificates of deposits. The weighted-average interest rate paid on these certificates was 2.96% in 2013 and 3.17% in 2012.

The aggregate amount of overdrawn transaction deposits that have been reclassified as loan balances was $37 million at December 31, 2013 and $9.2 million at December 31, 2012.