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Deposits
12 Months Ended
Dec. 31, 2017
Deposits  
Deposits

Note 9: Deposits

 

Major classifications of deposits at December 31 were as follows:

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

  

Noninterest bearing demand

 

$

572,404

 

$

513,688

 

Savings

 

 

262,220

 

 

256,159

 

NOW accounts

 

 

429,448

 

 

419,417

 

Money market accounts

 

 

276,082

 

 

275,273

 

Certificates of deposit of less than $100,000

 

 

216,493

 

 

228,993

 

Certificates of deposit of $100,000 through $250,000

 

 

122,489

 

 

110,992

 

Certificates of deposit of more than $250,000

 

 

43,789

 

 

62,263

 

Total deposits

 

$

1,922,925

 

$

1,866,785

 

 

Growth in total deposits stemmed from the late 2016 Talmer branch acquisition; the Company assumed $48.9 million of additional deposits, primarily noninterest bearing demand accounts.  The Company had $18.8 million in brokered certificates of deposit as of December 31, 2017.  The Company had $5.9 million in brokered certificates of deposit as of December 31, 2016.  Deposits held by senior officers and directors, including their related interests, totaled $2.6 million and $1.6 million as of December 31, 2017 and 2016.

 

At December 31, 2017, scheduled maturities of time deposits were as follows:

 

 

 

 

 

 

2018

    

$

158,547

 

2019

 

 

101,609

 

2020

 

 

84,951

 

2021

 

 

32,271

 

2022

 

 

5,393

 

Total time deposits

 

$

382,771