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Deposits (Tables)
3 Months Ended
Mar. 31, 2020
Banking and Thrift [Abstract]  
Schedule of Deposit Liabilities

Deposits are summarized as follows at March 31, 2020 and December 31, 2019:

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

2020

    

2019

Noninterest-bearing checking

 

$

267,966

 

$

260,131

Interest-bearing checking

 

 

208,952

 

 

177,972

Savings

 

 

123,052

 

 

118,845

Money market 

 

 

303,405

 

 

270,489

Certificates of deposit less than $100,000

 

 

263,787

 

 

277,988

Certificates of deposit of $100,000 through $250,000

 

 

176,322

 

 

181,402

Certificates of deposit of $250,000 and over

 

 

85,185

 

 

92,110

Escrow accounts related to mortgages serviced

 

 

17,600

 

 

13,471

Total

 

$

1,446,269

 

$

1,392,408

 

Schedule of Maturities of Time Deposits for Future Periods

Scheduled maturities of time deposits at March 31, 2020 for future periods ending are as follows:

 

 

 

 

 

    

At March 31, 2020

Maturing in 2020

 

$

273,650

Maturing in 2021

 

 

152,427

Maturing in 2022

 

 

63,458

Maturing in 2023

 

 

15,111

Maturing in 2024

 

 

17,505

Thereafter

 

 

3,143

Total

 

$

525,294

 

Schedule of Interest Expense by Deposit Category

Interest expense by deposit category for the three months ended March 31, 2020 and 2019 is as follows:

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 

 

 

2020

    

2019

Interest-bearing checking

 

$

136

 

$

196

Savings and money market

 

 

826

 

 

763

Certificates of deposit

 

 

2,845

 

 

2,751

Total

 

$

3,807

 

$

3,710