XML 30 R18.htm IDEA: XBRL DOCUMENT v3.5.0.2
Deposits
6 Months Ended
Jun. 30, 2016
Deposits [Abstract]  
Deposits
DEPOSITS

The following is a summary of interest bearing deposits by type as of June 30, 2016 and 2015 and December 31, 2015:
Dollars in thousands
 
June 30,
2016
 
December 31,
2015
 
June 30,
2015
Demand deposits, interest bearing
 
$
205,095

 
$
215,721

 
$
202,957

Savings deposits
 
306,785

 
266,825

 
246,949

Time deposits
 
463,820

 
465,153

 
490,148

Total
 
$
975,700

 
$
947,699

 
$
940,054



Included in time deposits are deposits acquired through a third party (“brokered deposits”) totaling $138.1 million, $126.5 million and $135.3 million at June 30, 2016, December 31, 2015, and June 30, 2015, respectively.

A summary of the scheduled maturities for all time deposits as of June 30, 2016 is as follows:
Dollars in thousands
 
Six month period ending December 31, 2016
$
114,537

Year ending December 31, 2017
145,412

Year ending December 31, 2018
71,393

Year ending December 31, 2019
44,729

Year ending December 31, 2020
42,003

Thereafter
45,746

Total
$
463,820



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, 2016:
Dollars in thousands
Amount
 
Percent
Three months or less
$
30,202

 
8.7
%
Three through six months
48,430

 
13.9
%
Six through twelve months
70,790

 
20.3
%
Over twelve months
198,840

 
57.1
%
Total
$
348,262

 
100.00
%