Note 7 - Deposits and Borrowed Funds

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Deposits and Borrowed Funds [Text Block]

Note

7:

Deposits and Borrowed Funds

The following table provides additional detail regarding deposits.

	Deposits
	At December 31,
	2017		2016
	(In thousands)
Noninterest-bearing	$	2,197,526	$	2,089,443
Interest-bearing:
Transaction		904,245		865,701
Savings		1,494,024		1,493,427
Time deposits less than $100 thousand		117,848		133,712
Time deposits $100 thousand through $250 thousand		76,578		84,925
Time deposits more than $250 thousand		37,392		37,533
Total deposits	$	4,827,613	$	4,704,741

Demand deposit overdrafts of

$2,786

 thousand and

$2,679

 thousand were included as loan balances at

December 31, 2017

and

2016,

respectively. Interest expense for aggregate time deposits with individual account balances in excess of

$100

thousand was

$415

thousand in

2017,

$509

thousand in

2016

and

$687

thousand in

2015.

The following table provides additional detail regarding short-term borrowed funds.

	Repurchase Agreements (Sweep) Accounted for as Secured Borrowings
	Remaining Contractual Maturity of the Agreements Overnight and Continuous
	At December 31,
	2017		2016
Repurchase agreements:	(In thousands)
Collateral securing borrowings:
Securities of U.S. Government sponsored entities	$	74,173	$	74,031
Agency residential MBS		58,251		63,277
Corporate securities		105,113		90,554
Total collateral carrying value	$	237,537	$	227,862
Total short-term borrowed funds	$	58,471	$	59,078

	For the Years Ended December 31,
	2017		2016
	Highest Balance at Any Month-end
	(In thousands)
Securities sold under repurchase agreements	$	82,126	$	74,815