8. DEPOSITS

The following table sets forth the balance of the Company’s deposits:


	AT DECEMBER 31,
	2016		2015
	(IN THOUSANDS)
Demand:
Non-interest bearing	$	188,808	$	188,947
Interest bearing		163,801		92,037
Savings		96,475		93,949
Money market		258,978		258,818
Certificates of deposit in denominations of $100,000 or more		27,427		31,422
Other time		232,297		238,121
Total deposits	$	967,786	$	903,294

Interest expense on deposits consisted of the following:


	YEAR ENDED DECEMBER 31,
	2016		2015		2014
	(IN THOUSANDS)
Interest bearing demand	$	317	$	199	$	191
Savings		159		156		144
Money market		1,198		817		761
Certificates of deposit in denominations of $100,000 or more		283		266		268
Other time		3,443		3,314		3,525
Total interest expense	$	5,400	$	4,752	$	4,889

The following table sets forth the balance of other time deposits and certificates of deposit of $100,000 or more as of December 31, 2016 maturing in the periods presented:


YEAR:	OTHER TIME DEPOSITS		CERTIFICATES OF DEPOSIT OF $100,000 OR MORE
	(IN THOUSANDS)
2017	$	78,380	$	21,388
2018		55,053		2,962
2019		37,017		1,818
2020		32,134		1,160
2021		11,835		—
2022 and after		17,878		99
Total	$	232,297	$	27,427

The maturities on certificates of deposit greater than $100,000 or more as of December 31, 2016, are as follows:


MATURING IN:	(IN THOUSANDS)
Three months or less	$	5,800
Over three through six months		8,753
Over six through twelve months		6,835
Over twelve months		6,039
Total	$	27,427

The aggregate amount of time deposit accounts (including certificates of deposit) that meet or exceed the FDIC insurance limit at December 31, 2016 and 2015 are $45.8 million and $46.1 million, respectively.