Annual report pursuant to Section 13 and 15(d)

DEPOSITS

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DEPOSITS
 12 Months Ended
Dec. 31, 2017
Banking and Thrift [Abstract]  
DEPOSITS

Note 7

DEPOSITS

The composition of the Company's interest bearing deposits at December 31 was as follows:

(Dollars in Thousands) 2017 2016
NOW Accounts $ 877,820 $ 904,014
Money Market Accounts 239,212 252,800
Savings Deposits 335,140 304,680
Time Deposits 143,122 159,610
Total Interest Bearing Deposits $ 1,595,294 $ 1,621,104

At December 31, 2017 and 2016, $1.6 million and $1.7 million, respectively, in overdrawn deposit accounts were reclassified as loans.

Time deposits that meet or exceed the FDIC insurance limit of $250,000 totaled $8.2 million and $9.8 million at December 31, 2017 and December 31, 2016, respectively.

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

(Dollars in Thousands) 2017
2018 $ 121,821
2019 11,594
2020 5,571
2021 2,323
2022 and thereafter 1,813
Total $ 143,122

Interest expense on deposits for the three years ended December 31, was as follows:
(Dollars in Thousands) 2017 2016 2015
NOW Accounts $ 1,094 $ 292 $ 254
Money Market Accounts 252 120 134
Savings Deposits 159 144 126
Time Deposits < $250,000 274 306 377
Time Deposits > $250,000 10 17 53
Total $ 1,789 $ 879 $ 944