Deposits (Tables)

12 Months Ended

Dec. 31, 2016

As of December 31, 2016 and 2015, deposits consisted of the following (in thousands):



	2016		2015
Demand deposits:
Non-interest bearing	$	471,206	$	342,636
Interest-bearing	716,204		490,838
Savings	356,740		325,836
Money market	432,656		329,820
Time deposits	353,081		243,438
Total deposits	$	2,329,887	$	1,732,568

Components of deposit interest expense [Table Text Block]

Total interest expense on deposits for the years ended December 31, 2016, 2015 and 2014 was as follows (in thousands):



	2016		2015		2014
Interest-bearing demand	$	274	$	117	$	101
Savings	445		398		375
Money market	719		605		588
Time deposits	1,275		1,162		1,287
Total	$	2,713	$	2,282	$	2,351

Aggregate Time Deposits more than 100,000 and related interest expense [Table Text Block]

As of December 31, 2016, 2015 and 2014, the aggregate amount of time deposits in denominations of more than $100,000 and the total interest expense on such deposits was as follows (in thousands):



	2016		2015		2014
Outstanding	$	151,262	$	88,855	$	98,445
Interest expense for the year	423		493		598

Maturities of Time Deposits [Table Text Block]

The following table shows the amount of maturities for all time deposits as of December 31, 2016:



Less than 1 year	$	199,370
1 year to 2 years	83,005
2 years to 3 years	26,528
3 years to 4 years	29,072
4 years to 5 years	13,965
Over 5 years	1,141
Total	$	353,081