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DEPOSITS
12 Months Ended
Dec. 31, 2015
DEPOSITS  
DEPOSITS

NOTE 5. DEPOSITS

 

Deposits at December 31, were as follows:

 

 

 

 

 

 

 

 

 

 

(in thousands)

    

2015

    

2014

 

 

 

 

 

 

 

 

 

Demand deposits of individuals, partnerships, and corporations

 

 

 

 

 

 

 

Noninterest bearing demand

 

$

80,423

 

$

67,066

 

Interest bearing demand

 

 

473,459

 

 

431,896

 

Savings and money markets

 

 

128,622

 

 

87,715

 

Time deposits including CDs and IRAs

 

 

329,810

 

 

236,550

 

Total deposits

 

$

1,012,314

 

$

823,227

 

 

 

 

 

 

 

 

 

Time deposits that meet or exceed the FDIC insurance limit

 

$

21,690

 

$

23,257

 

 

Maturities of time deposits at December 31, 2015 were as follows (in thousands):

 

 

 

 

 

 

 

2016

    

$

241,671

 

2017

 

 

19,779

 

2018

 

 

12,750

 

2019

 

 

22,466

 

2020

 

 

33,144

 

Total

 

$

329,810