Deposits

12 Months Ended

Dec. 31, 2020

Deposits [Abstract]

Deposits

7.DEPOSITS

The scheduled maturities of certificates of deposit as of December 31, 2020 were as follows:

(dollars in thousands)	Amount		Percent
2021	$	89,813	70.3	%
2022		26,438	20.7
2023		4,279	3.3
2024		2,735	2.2
2025		3,020	2.4
2026 and thereafter		1,457	1.1
Total	$	127,742	100.0	%

Certificates of deposit of $100,000 or more aggregated $69.0 million and $70.7 million as of December 31, 2020 and 2019, respectively. Certificates of deposit of $250,000 or more aggregated $41.1 million and $44.5 million at December 31, 2020 and 2019, respectively.

As of December 31, 2020, investment securities with a combined fair value of $392.4 million were available to be pledged as qualifying collateral to secure public deposits and trust funds. The Company required $224.1 million of the qualifying collateral to secure such deposits as of December 31, 2020 and the balance of $168.3 million was available for other pledging needs.