Note 13 – Deposits

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


	December 31,
	2016		2015
Noninterest-bearing demand	$	1,275,745	$	1,155,695
Interest-bearing demand		887,625		853,961
Savings		1,397,036		1,281,540
Time certificates, over $250,000		75,184		74,647
Other time certificates		259,970		265,423

Total deposits	$	3,895,560	$	3,631,266

Certificate of deposit balances of $50,000,000 from the State of California were included in time certificates over $250,000 at December 31, 2016 and 2015. 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 $1,191,000 and $796,000 were classified as consumer loans at December 31, 2016 and 2015, respectively.

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


	Scheduled
	Maturities
2017	$	279,015
2018		26,097
2019		9,277
2020		10,611
2021		10,135
Thereafter		19

Total	$	335,154