Note 11 – Deposits

The following table summarizes the classification of deposits as of December 31, 2016 and 2015 (in thousands):


	2016		2015
Noninterest-bearing demand	$	562,333	$	543,401
Interest-bearing:
Checking		656,248		621,925
Money market		399,851		377,654
Savings		166,910		155,778
Time		619,024		668,890
Total deposits	$	2,404,366	$	2,367,648

Included in time deposits are time certificates of $250,000 or more and brokered certificates of deposits of $52.9 million and $218.7 million as of December 31, 2016, respectively, and $52.2 million and $222.3 million as of December 31, 2015, respectively.

Investment securities with a carrying amount of $75.3 million and $120.2 million were pledged for public deposits at December 31, 2016 and 2015, respectively. Standby letters of credit issued by the FHLB on our behalf of $68.0 million and $8.0 million were pledged for public deposits at December 31, 2016 and 2015, respectively.

As of December 31, 2016, the scheduled maturities of time deposits are as follows (in thousands):


	Amount
Year ending December 31,
2017	$	334,631
2018		213,568
2019		55,837
2020		6,288
2021		8,698
Thereafter		2
Total	$	619,024