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Deposits
12 Months Ended
Dec. 31, 2015
Deposits [Abstract]  
Deposits
 DEPOSITS

The following is a summary of interest bearing deposits by type as of December 31, 2015 and 2014:
Dollars in thousands
 
2015
 
2014
Demand deposits, interest bearing
 
$
215,721

 
$
204,030

Savings deposits
 
266,825

 
253,578

Time deposits
 
465,153

 
488,279

Total
 
$
947,699

 
$
945,887



Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $126.5 million and $146.9 million at December 31, 2015 and 2014, respectively.

A summary of the scheduled maturities for all time deposits as of December 31, 2015 is as follows:
Dollars in thousands
Amount
2016
$
219,703

2017
74,574

2018
64,684

2019
35,320

2020
34,628

Thereafter
36,244

Total
$
465,153



Time certificates of deposit in denominations of $100,000 or more totaled $342.7 million and $359.2 million at December 31, 2015 and 2014, respectively. The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of December 31, 2015:
Dollars in thousands
Amount
 
Percent
Three months or less
$
46,343

 
13.5
%
Three through six months
53,533

 
15.6
%
Six through twelve months
54,127

 
15.8
%
Over twelve months
188,670

 
55.1
%
Total
$
342,673

 
100.00
%


The aggregate amount of time deposits in denominations that meet or exceed the FDIC insurance limit totaled $154.5 million at December 31, 2015.

At December 31, 2015 and 2014, our deposits of related parties including directors, executive officers, and their related interests approximated $21.2 million and $21.4 million, respectively.