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Deposits
12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Deposits NOTE E – DEPOSITS

The following table sets forth the remaining maturities of the Bank’s time deposits at December 31, 2019.

Year (dollars in thousands)

Less than
$100,000

$100,000 or
More

Total

2020

$

188,888

$

102,034

$

290,922

2021

30,655

66,384

97,039

2022

10,482

18,267

28,749

2023

8,512

12,692

21,204

2024

10,441

12,391

22,832

Thereafter

20,102

30,591

50,693

$

269,080

$

242,359

$

511,439

Time deposits less than $100,000 in the table above include brokered certificates of deposit (“CDs”) amounting to $150 million which mature in 2020. The total amount of time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2019 and 2018 was $105.2 million and $128.1 million, respectively. Deposits from executive officers, directors and their affiliates at December 31, 2019 and 2018 were approximately $7.4 million and $9.2 million, respectively.