XML 31 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Deposits
9 Months Ended
Sep. 30, 2017
DEPOSITS.  
DEPOSITS

11. DEPOSITS

Scheduled maturities of certificates and other time deposits for the next five years were as follows:

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

    

2017

   

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

2017

 

$

205,034

 

$

863,876

2018

 

 

796,955

 

 

263,958

2019

 

 

220,916

 

 

156,824

2020

 

 

81,177

 

 

67,739

2021

 

 

13,244

 

 

13,052

Thereafter

 

 

23,084

 

 

 -

Total

 

$

1,340,410

 

$

1,365,449

Certificates and other time deposits that meet or exceed the FDIC Insurance limit of $250,000 at September 30, 2017 and December 31, 2016, were $564.5 million and $490.7 million, respectively.

The Company had $180.6 million and $97.9 million in brokered time deposits at September 30, 2017 and December 31, 2016, respectively.  In addition the Company has $49.9 million in brokered noninterest-bearing deposits at September 30, 2017.  Brokered deposits represented 6.8% and 2.9% of total deposits at September 30, 2017 and December 31, 2016, respectively.  The Company utilizes brokered deposits to enhance liquidity.

There are no major concentrations of deposits with any one depositor.