XML 86 R17.htm IDEA: XBRL DOCUMENT v3.20.1
DEPOSITS
12 Months Ended
Dec. 31, 2019
DEPOSITS.  
DEPOSITS

NOTE 10 – DEPOSITS

The components of deposits at December 31, 2019 and 2018 are as follows:

 

 

 

 

 

 

 

 

(Dollars in thousands)

    

2019

    

2018

Demand, non-interest bearing

 

$

258,311

 

$

259,807

Savings, money market and interest-bearing demand

 

 

713,342

 

 

705,258

Time deposits less than $100 thousand

 

 

315,702

 

 

205,372

Time deposits $100 thousand and over

 

 

237,686

 

 

183,502

Total deposits

 

$

1,525,041

 

$

1,353,939

 

Included in deposits at December 31, 2019 and 2018, were brokered deposits of  $321.7 million and $188.3 million, respectively.

At December 31, 2019, the scheduled maturities of time deposits are as follows:

 

 

 

 

 

(Dollars in thousands)

    

 

 

Within one year

 

$

434,056

One to two years

 

 

81,534

Two to three years

 

 

28,984

Three to four years

 

 

5,493

After four years

 

 

3,321

 

 

$

553,388

 

Certificates of deposits with balances of $250 thousand or more at December 31, 2019 and 2018, totaled approximately $118.9 million and $72.2 million, respectively. Deposit overdrafts totaled $321 thousand and $231 thousand at December 31, 2019 and 2018, respectively, and are included in the Company’s Consumer and other loan balance (Refer to Note 6 – Loans).