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Deposits
12 Months Ended
Dec. 31, 2014
Banking and Thrift [Abstract]  
Deposits
Deposits

A stratification of time deposits at December 31, 2014 and 2013 is presented in the following table:
(in thousands)
December 31, 2014

 
December 31, 2013

 
 
 
 
Time deposits of less than $100 thousand
$
44,130

 
$
50,200

Time deposits of $100 thousand to $250 thousand
58,240

 
64,343

Time deposits of more than $250 thousand
47,344

 
47,325

Total time deposits
$
149,714

 
$
161,868



Interest on time deposits was $917 thousand, $922 thousand and $1.2 million in 2014, 2013 and 2012, respectively.

Scheduled maturities of time deposits at December 31, 2014 are presented as follows:
 
 
 
 
 
 
 
 
(in thousands)
2015
2016
2017
2018
2019
Thereafter
Total
 Scheduled maturities of time deposits
$87,271
$29,334
$16,406
$8,177
$8,526
$—
$149,714


As of December 31, 2014, $68.9 million in securities held-to-maturity and $4.9 million securities available-for-sale were pledged as collateral for our local agency deposits.

The aggregate amount of deposit overdrafts that have been reclassified as loan balances was $380 thousand and $207 thousand at December 31, 2014 and 2013, respectively. Collectability of these overdrafts is subject to the same credit review process as other loans.

The Bank accepts deposits from shareholders, directors and employees in the normal course of business, and the terms are comparable to those with non-affiliated parties. The total deposits from directors and their businesses, and executive officers were $8.8 million and $8.1 million at December 31, 2014 and 2013, respectively.