XML 70 R18.htm IDEA: XBRL DOCUMENT

9. Deposits

6 Months Ended

Jun. 30, 2014

The following is a summary of interest bearing deposits by type as of June 30, 2014 and 2013 and December 31, 2013:

		June 30,			December 31,			June 30,
Dollars in thousands		2014			2013			2013
Demand deposits, interest bearing		$	187,855		$	186,578		$	187,244
Savings deposits			243,323			193,446			196,069
Time deposits			520,483			530,951			562,703
Total		$	951,661		$	910,975		$	946,016

Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $159.0 million, $160.8 million and $192.1 million at June 30, 2014, December 31, 2013, and June 30, 2013, respectively.

A summary of the scheduled maturities for all time deposits as of June 30, 2014 is as follows:

Dollars in thousands
Six month period ending December 31, 2014		$	117,062
Year ending December 31, 2015			125,062
Year ending December 31, 2016			116,389
Year ending December 31, 2017			43,842
Year ending December 31, 2018			44,658
Thereafter			73,470
		$	520,483

The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of June 30, 2014:

Dollars in thousands	Amount			Percent
Three months or less	$	49,136		12.8%
Three through six months		27,033		7.0%
Six through twelve months		53,313		13.9%
Over twelve months		254,190		66.3%
Total	$	383,672		100.0%

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References+ Details