(8) Deposits

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



	Year Ended December 31,
	2015		2014		2013
Transaction deposits	$	8,821	$	9,757	$	11,155
Savings	383		401		442
Time:
Certificates of deposits under $100,000	11,894		14,278		16,234
Certificates of deposits $100,000 and over	10,643		11,878		12,273
Other time deposits	12,429		14,369		15,460
Total time	34,966		40,525		43,967
Total	$	44,170	$	50,683	$	55,564

The aggregate amounts of time deposits in denominations of $250,000 or more at December 31, 2015 and 2014 were $905 million and $994 million, respectively.

Time deposit maturities are as follows: 2016 – $1.4 billion, 2017 – $341 million, 2018 – $201 million, 2019 – $78 million, 2020 – $94 million and $284 million thereafter.

At December 31, 2015 and 2014, the Company had $358 million and $334 million, respectively, in fixed rate, brokered certificates of deposits. The weighted-average interest rate paid on these certificates was 1.48% in 2015 and 2.59% in 2014.

The aggregate amount of overdrawn transaction deposits that have been reclassified as loan balances was $5.3 million at December 31, 2015 and $6.2 million at December 31, 2014.