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Deposits
12 Months Ended
Dec. 31, 2017
Deposits.  
Deposits

9) Deposits

The following table presents the scheduled maturities of all time deposits for the next five years:

 

 

 

 

 

 

    

(Dollars in

 

 

 

thousands)

 

2018

 

$

182,753

 

2019

 

 

9,886

 

2020

 

 

1,607

 

2021

 

 

232

 

2022

 

 

83

 

Total

 

$

194,561

 

 

Time deposits of $250,000 and over were $138,634,000 and $163,670,000 at December 31, 2017 and 2016, respectively. At December 31, 2017, time deposits within Certificate of Deposit Account Registry Service (“CDARS”) deposits totaled $16,832,000 include money market deposits of $1,699,000, and interest-bearing demand deposits of $10,916,000, (which have no scheduled maturity date, and therefore, are excluded from the table above), and time deposits of $4,217,000, (which are included in the table above). The CDARS program allows customers with deposits in excess of FDIC-insured limits to obtain full coverage on time deposits through a network of banks within the CDARS program. Deposits gathered through these programs are considered brokered deposits under current regulatory reporting guidelines. CDARS deposits were comprised of $2,464,000 of interest-bearing demand accounts, $3,747,000 of money market accounts and $3,190,000 of time deposits at December 31, 2016.

At December 31, 2017, the Company had securities pledged with a fair value of $72,454,000 for $65,121,000 in certificates of deposits (including accrued interest) with the State of California. At December 31, 2016, the Company had securities pledged with a fair value of $94,078,000 for $85,080,000 in certificates of deposits (including accrued interest) with the State of California.

Deposits from executive officers, directors, and their affiliates were $17,322,000 and $12,476,000 at December 31, 2017 and 2016, respectively.