CHFC 2017 Annual Report

Note 14: Deposits A summary of deposits follows: 31, (Dollars in thousands) 2017 2016 Noninterest-bearing demand $ 3,725,779 $ 3,341,520 Savings 1,697,762 1,662,115 Interest-bearing demand 2,724,415 2,825,801 Money market accounts 1,957,909 2,033,319 Brokered deposits 453,227 226,429 Other time deposits 3,083,711 2,783,938 Total deposits $ 13,642,803 $ 12,873,122 Excluded from total deposits are demand deposit account overdrafts (overdrafts) which have been classified as loans. At December 31, 2017 and 2016, overdrafts totaled $5.9 million and $5.0 million, respectively. Deposits from executive officers, directors, principal shareholders and their related interests were $10.6 million ta December 31, 2017. Time deposits, including certificates of deposit and certain individual retirement account deposits, of $250 thousand or more totaled $1.6 billion and $975.4 million at December 31, 2017 and 2016, respectively. At December 31, 2017, the scheduled maturities of time deposits for the next five years were as follows: (Dollars in thousands) 2018 $ 2,168,858 2019 646,514 2020 183,101 2021 134,806 2022 81,169 Thereafter 2,759 Total $ 3,217,207 Chemical Financial Corporation Notes to Consolidated Financial Statements December 31, 2017 137