Note 13 — Deposits

A summary of the balances of deposits follows (in thousands):


	June 30,		December 31,
	2011		2010

Noninterest-bearing demand	$	419,391	$	424,070
Interest-bearing demand		401,040		395,413
Savings		618,413		585,850
Time certificates, $100,000 and over		207,843		235,992
Other time certificates		190,044		210,848

Total deposits	$	1,836,731	$	1,852,173

Certificate of deposit balances of $5,000,000 and $5,000,000 from the State of California were included in time certificates, $100,000 and over, at June 30, 2011 and December 31, 2010, respectively. The Bank participates in a deposit program offered by the State of California whereby the State may make deposits at the Bank’s request subject to collateral and credit worthiness constraints. The negotiated rates on these State deposits are generally more favorable than other wholesale funding sources available to the Bank. Overdrawn deposit balances of $1,733,000 and $1,513,000 were classified as consumer loans at June 30, 2011 and December 31, 2010, respectively.