Deposits (Tables)

12 Months Ended

Dec. 31, 2019

Deposits are summarized as follows at December 31:


	December 31,		December 31,
	2019 (1)(2)		2018(1)(2)
Noninterest-bearing checking	$	260,131	$	221,107
Interest-bearing checking		177,972		151,103
Savings		118,845		122,344
Money market (3)		270,489		282,595
Certificates of deposit less than $100,000(4)		277,988		243,193
Certificates of deposit of $100,000 through $250,000		181,402		154,095
Certificates of deposit of $250,000 and over(5)		92,110		86,357
Escrow accounts related to mortgages serviced		13,471		13,425
Total	$	1,392,408	$	1,274,219

________________________

(1)

Includes $117.1 million and $120.0 million of deposits at December 31, 2019 and 2018, respectively, remaining from the January 22, 2016 purchase of four retail bank branches from Bank of America, N.A. (the “Branch Purchase”).

(2)

Includes $299.0 million and $321.1 million of deposits at December 31, 2019 and 2018, respectively, from the Anchor Acquisition.

(3)

Includes $6.2 million and $1,000 of brokered deposits at December 31, 2019 and 2018, respectively.

(4)

Includes $141.4 million and $116.7 million of brokered deposits at December 31, 2019 and 2018, respectively.

(5)

Time deposits that meet or exceed the FDIC insurance limit.

Schedule of Maturities of Time Deposits for Future Periods

Scheduled maturities of time deposits at December 31, 2019 for future years ending are as follows:


	At December 31, 2019
Maturing in 2020	$	357,786
Maturing in 2021		103,560
Maturing in 2022		57,972
Maturing in 2023		15,120
Maturing in 2024		17,062
Thereafter		—
Total	$	551,500

Schedule of Interest Expense by Deposit Category

Interest expense by deposit category for the years ended December 31, 2019 and 2018 is as follows:


	2019		2018
Interest-bearing checking	$	1,414	$	227
Savings and money market		3,098		2,054
Certificates of deposit		11,650		5,040
Total	$	16,162	$	7,321