DEPOSITS DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2018

A summary of deposit balances, by type, at December 31, 2018 and 2017 is as follows:



	December 31,
	2018		2017
	(In Thousands)
Noninterest-bearing demand deposits	$	250,065	$	220,877

Interest-bearing accounts:
Business checking	733		737
NOW and money market accounts	496,446		506,901
Savings accounts	23,717		32,062
Certificates of deposit	517,070		447,470
Total interest-bearing accounts	1,037,966		987,170
Total deposits	$	1,288,031	$	1,208,047

Contractual maturities of certificates of deposit as of December 31, 2018 are summarized below (in thousands).



2019	$	244,690
2020	220,455
2021	46,568
2022	4,094
2023	1,137
Thereafter	126
Total certificates of deposit	$	517,070

A summary of interest expense, by account type, for the years ended December 31, 2018, 2017 and 2016 is as follows:



	Years Ended December 31,
	2018		2017		2016
	(In Thousands)
NOW and money market accounts	$	1,249	$	865	$	507
Savings accounts ^{(1) (2)}	114		126		98
Certificates of deposit ⁽²⁾	8,187		6,506		5,975
Total	$	9,550	$	7,497	$	6,580

⁽¹⁾Includes interest expense on mortgagors' and investors' escrow accounts.

⁽²⁾Includes interest expense on brokered deposits.

SI Financial Group, Inc. 10-K