The following table summarizes the outstanding balance of deposits and average rates paid thereon at December 31:
2015
2014
(dollars in thousands)
Amount
WeightedAverage Rate
Demand deposits:
Noninterest-bearing
$
299,794
—
246,137
Interest-bearing
260,167
0.359
%
291,509
0.502
Money market and savings
492,015
0.531
171,958
0.626
Certificates of deposits
470,200
0.554
253,350
0.619
Total
1,522,176
0.404
962,954
0.427
Schedule of deposits and interest rates.
No definition available.