Note 7 - Deposit Liabilities
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]
7
.
Deposit Liabilities
 
Major classifications of deposits are summarized as follows for the dates indicated:
 
December 31, (In thousands)
  
2016
    
2015
  
Noninterest Bearing
   $
334,676
     $
313,969
  
                 
Interest Bearing
 
 
 
 
 
 
 
 
Demand
    
348,197
      
328,803
  
Savings
    
416,611
      
400,844
  
Time
    
270,423
      
325,378
  
Total interest bearing
    
1,035,231
      
1,055,025
  
                 
Total Deposits
   $
1,369,907
     $
1,368,994
  
 
At
December
31,
2016,
the scheduled maturities of time deposits were as follows
:
 
(In thousands)
  
Amount
  
2017
   $
168,407
  
2018
    
54,791
  
2019
    
24,107
  
2020
    
14,200
  
2021
    
4,951
  
Thereafter
    
3,967
  
Total
   $
270,423
  
 
Time deposits that meet or exceed the Federal Deposit Insurance Corporation (“FDIC”) limit of
$250
thousand were
$18.6
million and
$23.3
million at
December
31,
2016
and
2015,
respectively.
 
Deposits from directors, executive officers, and principal shareholders of the Parent Company and its subsidiaries (including deposits from affiliated companies of which they are principal owners) and deposits from members of the immediate family of such persons were
$28.6
million and
$28.1
million at
December
31,
2016
and
2015,
respectively. Such deposits were accepted in the normal course of business on substantially the same terms as those prevailing at the time for comparable transactions with other customers.