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DEPOSITS
12 Months Ended
Dec. 31, 2017
Banking and Thrift [Abstract]  
DEPOSITS
DEPOSITS
 
Deposits consisted of the following (in thousands):
 
 
December 31,
 
 
2017
 
2016
Noninterest-bearing
 
$
416,547

 
$
414,921

Savings and money market
 
446,215

 
539,815

NOW accounts
 
434,646

 
472,484

Time deposits less than $250
 
156,296

 
120,399

Time deposits $250 or more
 
25,985

 
31,811

 
 
$
1,479,689

 
$
1,579,430



Public funds deposits totaled $110.1 million and $146.2 million at December 31, 2017 and 2016, respectively.

At December 31, 2017, the Company had outstanding brokered certificates of deposits of $45.8 million with a weighted average interest rate of 1.76%. Of the $45.8 million in brokered certificates of deposits, $24.9 million matures on July 15, 2019 and is callable anytime on or after January 14, 2018. The remaining $20.9 million matures on July 13, 2020 and is callable on July 12, 2018 and quarterly thereafter. There were no brokered deposits at December 31, 2016.

Time deposits held consist primarily of certificates of deposits.  The maturities for these deposits at December 31, 2017 are as follows (in thousands):
2018
$
97,603

2019
44,118

2020
28,865

2021
5,591

2022
6,102

Thereafter
2

 
$
182,281


 
Deposits from related parties totaled approximately $11.9 million and $17.6 million at December 31, 2017 and 2016, respectively.