NOTE 9. DEPOSITS

Deposits consisted of the following as of the dates presented (dollars in thousands).

	December 31,
	2016		2015
Noninterest-bearing demand deposits	$	108,404	$	90,447
NOW accounts		171,556		140,503
Money market deposit accounts		123,079		96,113
Savings accounts		52,860		53,735
Time deposits		451,888		356,608
Total deposits	$	907,787	$	737,406

The table below summarizes outstanding time deposits as of the dates indicated (dollars in thousands).

	2016		2015
$0 to $99,999	$	268,875	$	321,804
$100,000 to $249,999		134,920		13,395
$250,000 and above		48,093		21,409
	$	451,888	$	356,608

The contractual maturities of time deposits of $100,000 or more outstanding are summarized in the table below as of the dates presented (dollars in thousands).

	December 31,
	2016		2015
Time remaining until maturity:
Three months or less	$	59,739	$	4,675
Over three through six months		26,053		10,039
Over six through twelve months		20,987		12,912
Over one year through three years		67,253		5,710
Over three years		8,981		1,468
	$	183,013	$	34,804

The approximate scheduled maturities of time deposits for each of the next five years are shown below (dollars in thousands).

2017	$	267,003
2018		131,697
2019		35,006
2020		10,004
2021		8,178
	$	451,888

Public fund deposits as of December 31, 2016 and 2015 totaled approximately $29.8 million and $17.5 million, respectively. The funds were secured by U.S. government securities with a fair value of approximately $28.1 million as of December 31, 2016 and $16.9 million as of December 31, 2015.

As of December 31, 2016 and 2015, total deposits outstanding to executive officers, principal shareholders, directors and to companies in which they are principal owners amounted to approximately $29.4 million and $28.1 million, respectively.