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Deposits
12 Months Ended
Dec. 31, 2016
Deposits [Abstract]  
Deposits



11.Deposits

The aggregate amount of time deposits in denomination of $250,000 or more was $45.6 million at December 31, 2016 and $32.6 million at December 31, 2015.  The aggregate amount of time deposits with a minimum denomination of $100,000 was $123.9 million and $124.8 million at December 31, 2016 and 2015, respectively.  At December 31, 2016, $.2 million of deposit overdrafts were re-classified as loans.



The following is a summary of the scheduled maturities of all time deposits as of December 31, 2016 (in thousands):









 

 

2017

$

93,433 

2018

 

52,321 

2019

 

27,605 

2020

 

22,336 

2021

 

45,415 

Thereafter

 



 

 

     Total

$

241,110 



In the ordinary course of business, executive officers and directors of the Corporation, including their families and companies in which certain directors are principal owners, were deposit customers of the Bank.  Pursuant to the Bank’s policies, such deposits are on the same terms as those prevailing at the time for comparable deposits with persons who are not related to the Corporation.   At December 31, 2016, executive officers and directors had approximately $5.2 million in deposits with the Bank.