Note 8: Deposits

12 Months Ended

Dec. 31, 2016

Deposits at December 31, 2016 and 2015, are summarized as follows:

	Weighted Average
	Interest Rate	2016	2015
		(In Thousands, Except Interest Rates)

Noninterest-bearing accounts	—	$ 653,288	$ 571,629
Interest-bearing checking and
savings accounts	0.26% - 0.24%	1,539,216	1,408,850
		2,192,504	1,980,479

Certificate accounts	0% - 0.99%	695,738	863,865
	1% - 1.99%	737,649	381,956
	2% - 2.99%	48,777	39,592
	3% - 3.99%	1,119	1,137
	4% - 4.99%	1,171	1,304
	5% and above	272	293
		1,484,726	1,288,147

		$ 3,677,230	$ 3,268,626

The weighted average interest rate on certificates of deposit was 1.01% and 0.85% at December 31, 2016 and 2015, respectively.

The aggregate amount of certificates of deposit originated by the Bank in denominations greater than $100,000 was approximately $634.7 million and $493.6 million at December 31, 2016 and 2015, respectively. The Bank utilizes brokered deposits as an additional funding source. The aggregate amount of brokered deposits was approximately $324.3 million and $283.7 million at December 31, 2016 and 2015, respectively.

At December 31, 2016, scheduled maturities of certificates of deposit were as follows:

	Retail	Brokered	Total
	(In Thousands)

2017	$ 726,594	$ 310,364	$ 1,036,958
2018	262,625	13,910	276,535
2019	70,408	—	70,408
2020	49,427	—	49,427
2021	47,574	—	47,574
Thereafter	3,824	—	3,824

	$ 1,160,452	$ 324,274	$ 1,484,726

A summary of interest expense on deposits for the years ended December 31, 2016, 2015 and 2014, is as follows:

	2016	2015	2014
	(In Thousands)

Checking and savings accounts	$ 3,888	$ 2,858	$ 3,088
Certificate accounts	13,598	10,739	8,264
Early withdrawal penalties	(99)	(86)	(127)

	$ 17,387	$ 13,511	$ 11,225