Note 13 – Deposits

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


	March 31 2014		December 31, 2013
Noninterest-bearing demand	$	728,492	$	789,458
Interest-bearing demand		554,296		533,351
Savings		856,811		798,986
Time certificates, $100,000 and over		144,733		157,647
Other time certificates		126,788		131,041

Total deposits	$	2,411,120	$	2,410,483

Certificate of deposit balances of $5,000,000 from the State of California were included in time certificates, $100,000 and over, each of March 31, 2014 and December 31, 2013. 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 $957,000 and $1,212,000 were classified as consumer loans at March 31, 2014 and December 31, 2013, respectively.