Note 13 – Deposits

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


	December 31,
	2017		2016
Noninterest-bearing demand	$	1,368,218	$	1,275,745
Interest-bearing demand		971,459		887,625
Savings		1,364,518		1,397,036
Time certificates, over $250,000		73,596		75,184
Other time certificates		231,340		259,970

Total deposits	$	4,009,131	$	3,895,560

Certificate of deposit balances of $50,000,000 from the State of California were included in time certificates over $250,000 at December 31, 2017 and 2016. 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 $1,366,000 and $1,191,000 were classified as consumer loans at December 31, 2017 and 2016, respectively.

At December 31, 2017, the scheduled maturities of time deposits were as follows (in thousands):


	Scheduled
	Maturities
2018
2019	$	250,277
2020		23,577
2021		17,699
2020		8,887
Thereafter		4,496

Total	$	304,936