Note 7 - Deposit Liabilities

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

7

.

Deposit Liabilities

Major classifications of deposits are summarized as follows for the dates indicated:

December 31, (In thousands)	201 7		201 6
Noninterest Bearing	$	361,855	$	334,676
Interest Bearing
Demand		379,027		348,197
Savings		416,163		416,611
Time		222,858		270,423
Total interest bearing		1,018,048		1,035,231
Total Deposits	$	1,379,903	$	1,369,907

At

December 31,

2017

,

the scheduled maturities of time deposits were as follows

:

(In thousands)	Amount
201 8	$	143,185
201 9		37,422
20 20		19,626
20 21		12,887
20 22		4,328
Thereafter		5,410
Total	$	222,858

Time deposits that meet or exceed the Federal Deposit Insurance Corporation (“

FDIC”) limit of

$250

thousand were

$14.8

million and

$18.6

million at

December 31, 2017

and

2016,

respectively.

Deposits from directors, executive officers, and princ

ipal shareholders of the Parent Company and its subsidiaries (including deposits from affiliated companies of which they are principal owners) and deposits from members of the immediate family of such persons were

$19.3

million and

$28.6

million at

December 31, 2017

and

2016,

respectively. Such deposits were accepted in the normal course of business on substantially the same terms as those prevailing at the time for comparable transactions with other customers.