Note 8 - Deposits

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

8. Deposits

The following table displays deposit

balances as of

December 31, 2017,

and

December 31, 2016:

	As of December 31,
	201 7		201 6
	(In thousands )
Demand	$	2,783,127	$	2,478,107
NOW accounts		1,410,519		1,230,445
Money market accounts		2,248,271		2,198,938
Saving accounts		857,199		719,949
Time deposits		5,390,777		5,047,287
Total	$	12,689,893	$	11,674,726

Time deposits outstanding as of

December 31,

201

7,

mature as follows.

		Expected Maturity Date at December 31 ,
		201 8		201 9		202 0		202 1		202 2		Thereafte r		Tota l
	(In thousands )
Time deposits		$	4,724,089	$	532,188	$	133,824	$	73	$	592	$	11	$	5,390,777

Accrued interest payable on customer deposits was $

4.4

million at

December 31, 2017,

$2.9

million at

December 31, 2016,

and

$3.4

million at

December 31, 2015.

The following table summarizes the interest expense on deposits by account type for the years ended

December 31, 2017,

2016,

and

2015:

	Year Ended December 31 ,
	201 7		201 6		201 5
	(In thousands )
Interest bearing demand	$	2,242	$	1,740	$	1,406
Money market accounts		15,062		13,308		10,138
Saving accounts		1,772		1,046		901
Time deposits		46,768		43,327		39,443
Total	$	65,844	$	59,421	$	51,888

The aggregate amount of domestic time depos

its in denominations that meet or exceed the current FDIC insurance limit of

$250,000

was

$1

.9

billion and

$1

.8

billion as of

December 31, 2017

and

2016,

respectively. Foreign offices time deposits of

$152.0

million and

$137

.7

million as of

December 31, 2017

and

2016,

respectively, were in denominations of

$250,000

or more.