XML 34 R16.htm IDEA: XBRL DOCUMENT v3.19.1
DEPOSITS
12 Months Ended
Dec. 31, 2018
DEPOSITS  
DEPOSITS

NOTE 8 - DEPOSITS

The following presents the Company’s interest bearing deposits at the dates noted (in thousands):

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

    

2018

    

2017

Money market deposit accounts

 

$

489,506

 

$

331,039

Time deposits

 

 

178,743

 

 

210,292

Negotiable order of withdrawal accounts

 

 

64,853

 

 

74,300

Savings accounts

 

 

1,800

 

 

1,801

Total interest bearing deposits

 

$

734,902

 

$

617,432

Aggregate time deposits of $250,000 or greater

 

$

83,550

 

$

136,741

 

Overdraft balances classified as loans totaled $0.3 million and $0.1 million at December 31, 2018 and December 31, 2017, respectively.

The following presents the scheduled maturities of all time deposits for the next five years ending December 31 (in thousands):

 

 

 

 

 

Year Ending

    

 

Time Deposits

 

 

 

 

2019

 

$

139,507

2020

 

 

23,332

2021

 

 

5,762

2022

 

 

6,965

2023

 

 

3,177

Thereafter

 

 

 —

Total

 

$

178,743