Note 11 – Deposits

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


	December 31,
	2018		2017
Noninterest-bearing demand	$	1,760,580	$	1,368,218
Interest-bearing demand		1,252,366		971,459
Savings		1,921,324		1,364,518
Time certificates, over $250,000		132,429		73,596
Other time certificates		299,767		231,340

Total deposits	$	5,366,466	$	4,009,131

Certificate of deposit balances of $60,000,000 and $50,000,000 from the State of California were included in time certificates over $250,000 at December 31, 2018 and 2017. 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 $1,469,000 and $1,366,000 were classified as consumer loans at December 31, 2018 and 2017, respectively.

At December 31, 2018, the scheduled maturities of time deposits were as follows (in thousands):


	Scheduled maturities
2019	$	298,855
2020		75,989
2021		36,267
2022		18,542
2023		2,537
Thereafter		6

Total	$	432,196