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Deposits (Tables)
9 Months Ended
Sep. 30, 2018
Banking and Thrift [Abstract]  
Schedule of deposits The following table summarizes total deposits at September 30, 2018 and December 31, 2017.
 
 
September 30,
 
December 31,
 
 
 
2018
 
2017
 
Deposits - interest bearing
 
$
17,872,781

 
$
15,504,330

 
Deposits - non-interest bearing
 
512

 
1,053

 
Total deposits
 
$
17,873,293

 
$
15,505,383

 
Interest bearing deposits Interest bearing deposits at September 30, 2018 and December 31, 2017 are summarized as follows:
 
 
 
September 30, 2018
 
December 31, 2017
 
 
 
Amount
 
Qtr.-End Weighted Average Stated Rate(1)
 
Amount
 
Year-End Weighted Average Stated Rate(1)
 
 
 
 
 
 
 
 
 
 
 
Money market
 
$
8,239,595

 
2.29
%
 
$
7,731,966

 
1.80
%
 
Savings
 
684,298

 
1.70

 
738,243

 
1.10

 
Certificates of deposit
 
8,948,888

 
2.65

 
7,034,121

 
1.93

 
Deposits - interest bearing
 
$
17,872,781

 
 
 
$
15,504,330

 


 

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(1) Includes the effect of interest rate swaps in effective hedge relationships.