6. DEPOSITS

Time Deposits

The following table sets forth the remaining maturities of the Bank’s time deposits at December 31, 2015:

	Total
(In thousands)
2016	$	185,650
2017		54,871
2018		25,832
2019		20,255
2020		6,247
Total	$	292,855

The deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2015 and 2014 were $52.0 million and $27.6 million, respectively. Deposits from principal officers, directors and their affiliates at December 31, 2015 and 2014 were approximately $13.3 million and $2.6 million, respectively.