Interest-Bearing Deposits

12 Months Ended

Dec. 31, 2016

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Interest-Bearing Deposits

NOTE 9 - INTEREST-BEARING DEPOSITS

Interest-bearing deposits as of December 31, 2016 and 2015 were as follows:

	2016		2015
Demand	$	183,759	$	176,303
Statement and Passbook Savings		384,330		364,066
Certificates of Deposit:
In excess of $100		45,882		53,499
Other		136,481		130,840
Individual Retirement Accounts		25,063		26,710
Total	$	775,515	$	751,418

Scheduled maturities of certificates of deposit, including IRA’s at December 31, 2016 were as follows:

2017	$	138,657
2018		38,790
2019		19,980
2020		6,536
2021		3,078
Thereafter		385
Total	$	207,426

Deposits from the Company’s principal officers, directors, and their affiliates at year-end 2016 and 2015 were $9,209 and $6,868, respectively.

As of December 31, 2016, CDs and IRAs totaling $14,825 met or exceeded the FDIC’s insurance limit.