DEPOSITS

12 Months Ended

Dec. 31, 2016

Deposits [Abstract]

DEPOSITS

Note 8 – Deposits

The following table presents the composition of deposits at December 31 for the years indicated:

(In thousands)				2016		2015
Noninterest-bearing deposits				$	1,138,139	$	1,001,841
Interest-bearing deposits:
	Demand				615,058		570,333
	Money market savings				927,837		898,655
	Regular savings				310,471		284,457
	Time deposits of less than $100,000				258,621		248,172
	Time deposits of $100,000 or more				327,418		260,272
		Total interest-bearing deposits			2,439,405		2,261,889
			Total deposits	$	3,577,544	$	3,263,730

Demand deposit overdrafts reclassified as loan balances were $1.3 million and $1.4 million at December 31, 2016and 2015, respectively. Overdraft charge-offs and recoveries are reflected in the allowance for loan losses.

The following table presents the maturity schedule for time deposits maturing within years ending December 31:

(In thousands)		Amount
2017		$	343,819
2018			131,375
2019			48,192
2020			33,013
Thereafter			29,640
	Total time deposits	$	586,039

The Company's time deposits of $100,000 or more represented 9.0% of total deposits at December 31, 2016and are presented by maturity in the following table:

	Months to Maturity
	3 or		Over 3		Over 6		Over
(In thousands)	Less		to 6		to 12		12		Total
Time deposits--$100 thousand or more	$	28,606	$	54,666	$	105,296	$	138,850	$	327,418

Interest expense on time deposits of $100,000 or more amounted to $3.2 million, $2.2 million and $1.5 million for the years ended December 31, 2016, 2015and 2014, respectively.

Deposits received in the ordinary course of business from the directors and officers of the Company amounted to $26.7 million and $31.0 million for the years ended December 31, 2016 and 2015, respectively