7.DEPOSITS

Time deposits, with minimum denominations of $100 thousand each, totaled $40.1 million and $47.7 million at December 31, 2015 and 2014, respectively. There were $0.2 million and $0.1 million of overdraft accounts in deposits that were reclassified to loans as of December 31, 2015 and 2014, respectively.




At December 31, 2015, the scheduled maturities of all time deposits were as follows:

	(in thousands)
2016	$	37,388
2017		18,497
2018		7,723
2019		13,572
2020 and later		19,037
	$	96,217

Some of the Company’s time deposits were obtained through brokered transactions. Brokered time deposits totaled $1.2 million at December 31, 2015 and 2014, respectively.