Deposits (Tables)

12 Months Ended

Dec. 31, 2017

As of December 31, 2017 and 2016, deposits consisted of the following (in thousands):



	2017		2016
Demand deposits:
Non-interest bearing	$	480,283	$	471,206
Interest-bearing	700,376		716,204
Savings	359,065		356,740
Money market	390,880		432,656
Time deposits	344,035		353,081
Total deposits	$	2,274,639	$	2,329,887

Components of deposit interest expense [Table Text Block]

Total interest expense on deposits for the years ended December 31, 2017, 2016 and 2015 was as follows (in thousands):



	2017		2016		2015
Interest-bearing demand	$	588	$	274	$	117
Savings	486		445		398
Money market	1,224		719		605
Time deposits	1,697		1,275		1,162
Total	$	3,995	$	2,713	$	2,282

Aggregate Time Deposits more than 100,000 and related interest expense [Table Text Block]

As of December 31, 2017, 2016 and 2015, the aggregate amount of time deposits in denominations of more than $100,000 and the total interest expense on such deposits was as follows (in thousands):



	2017		2016		2015
Outstanding	$	167,073	$	151,262	$	88,855
Interest expense for the year	730		423		493

Maturities of Time Deposits [Table Text Block]

The following table shows the amount of maturities for all time deposits as of December 31, 2017 (in thousands):



Less than 1 year	$	224,622
1 year to 2 years	55,529
2 years to 3 years	35,529
3 years to 4 years	15,568
4 years to 5 years	11,914
Over 5 years	873
Total	$	344,035