DEPOSITS

12 Months Ended

Dec. 31, 2016

DEPOSITS

DEPOSITS

6. DEPOSITS

Time Deposits

The following table sets forth the remaining maturities of the Bank’s time deposits at December 31, 2016:

(In thousands)	Total
2017	$	98,272
2018		38,660
2019		20,317
2020		5,724
2021		43,388
Thereafter		371
Total	$	206,732

The deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2016 and 2015 were $65.4 million and $52.0 million, respectively. Deposits from principal officers, directors and their affiliates at December 31, 2016 and 2015 were approximately $13.9 million and $13.3 million, respectively.