XML 30 R18.htm IDEA: XBRL DOCUMENT v3.4.0.3
Deposits
3 Months Ended
Mar. 31, 2016
Deposits [Abstract]  
Deposits
DEPOSITS

The following is a summary of interest bearing deposits by type as of March 31, 2016 and 2015 and December 31, 2015:
Dollars in thousands
 
March 31,
2016
 
December 31,
2015
 
March 31,
2015
Demand deposits, interest bearing
 
$
210,878

 
$
215,721

 
$
196,606

Savings deposits
 
286,695

 
266,825

 
257,687

Time deposits
 
474,593

 
465,153

 
486,966

Total
 
$
972,166

 
$
947,699

 
$
941,259



Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $138.8 million, $126.5 million and $139.5 million at March 31, 2016, December 31, 2015, and March 31, 2015, respectively.

A summary of the scheduled maturities for all time deposits as of March 31, 2016 is as follows:
Dollars in thousands
 
Nine month period ending December 31, 2016
$
178,643

Year ending December 31, 2017
101,517

Year ending December 31, 2018
69,566

Year ending December 31, 2019
41,780

Year ending December 31, 2020
42,061

Thereafter
41,026

Total
$
474,593



The following is a summary of the maturity distribution of all certificates of deposit in denominations of $100,000 or more as of March 31, 2016:
Dollars in thousands
Amount
 
Percent
Three months or less
$
56,301

 
15.9
%
Three through six months
27,534

 
7.8
%
Six through twelve months
70,482

 
19.9
%
Over twelve months
199,870

 
56.4
%
Total
$
354,187

 
100.00
%