Deposits

The aggregate amount of time deposits in denominations of $250,000 or more was approximately $123,053,000 and $102,694,000 at December 31, 2016 and 2015, respectively. At December 31, 2016, the scheduled maturities of time deposits are as follows (in thousands):



2017	$	193,389
2018	82,529
2019	18,403
2020	14,713
2021	6,817
Thereafter	120
Total	$	315,971

As of December 31, 2016 there was a fair value adjustment of $303,981 to time deposits as a result of the business combination discussed in Note 2.

At December 31, 2016 and 2015, the Company had $76,380 and $81,859, respectively, of deposit accounts in overdraft status that have been reclassified to loans on the accompanying consolidated balance sheets. From time to time, the Company engages in deposit transactions with its directors, executive officers and their related interests (collectively referred to as "related parties"). Such deposits are made in the ordinary course of business and on substantially the same terms as those for comparable transactions prevailing at the time and do not present other unfavorable features. The total amount of related party deposits was $15.1 million and $5.6 million at December 31, 2016 and 2015, respectively.