Deposits

12 Months Ended

Dec. 31, 2015

Banking and Thrift [Abstract]

Deposits

Deposits

Deposits at December 31, 2015 and 2014 are summarized as follows (in thousands):

	2015		Weighted average interest rate		2014		Weighted average interest rate
Savings deposits	$	985,478	0.10	%	$	995,347	0.10	%
Money market accounts	1,468,352		0.28		1,496,466		0.27
NOW accounts	1,540,894		0.29		1,425,424		0.27
Non-interest bearing deposits	1,189,542		—		1,049,597		—
Certificates of deposit	739,721		0.71		825,689		0.89
	$	5,923,987			$	5,792,523

Scheduled maturities of certificates of deposit accounts at December 31, 2015 and 2014 are as follows (in thousands):

	2015		2014
Within one year	$	499,221	568,462
One to three years	132,507		152,317
Three to five years	106,943		100,080
Five years and thereafter	1,050		4,830
	$	739,721	825,689

Interest expense on deposits for the years ended December 31, 2015, 2014 and 2013 is summarized as follows (in thousands):

	Years ended December 31,
	2015		2014	2013
Savings deposits	$	1,039	938	960
NOW and money market accounts	8,046		7,733	7,456
Certificates of deposits	5,436		6,661	9,615
	$	14,521	15,332	18,031