CHFC 2018 Annual Report

Note 14: Deposits A summary of deposits follows: December 31, (Dollars in thousands) 2018 2017 Noninterest-bearing demand $ 3,809,252 $ 3,725,779 Savings and money market accounts 4,092,082 3,655,671 Interest-bearing demand 3,316,278 2,724,415 Brokered deposits 985,522 453,227 Other time deposits 3,390,148 3,083,711 Total deposits $ 15,593,282 $ 13,642,803 Excluded from total deposits are demand deposit account overdrafts (overdrafts) which have been classified as loans. At December 31, 2018 and 2017, overdrafts totaled $7.9 million and $5.9 million, respectively. Deposits from executive officers, directors, principal shareholders and their related interests were $9.8 million ta December 31, 2018. Time deposits, including certificates of deposit and certain individual retirement account deposits, of $250 thousand or more totaled $2.1 billion and $1.6 billion at December 31, 2018 and 2017, respectively. At December 31, 2018, the scheduled maturities of time deposits for the next five years were as follows: (Dollars in thousands) 2019 $ 2,776,097 2020 1,032,314 2021 148,995 2022 82,076 2023 33,900 Thereafter 866 Total $ 4,074,248 Chemical Financial Corporation Notes to Consolidated Financial Statements December 31, 2018 143