Note 7 - Deposits

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Deposit Liabilities Disclosures [Text Block]

(7) Deposits

The composition of the Bank’s deposits follows:

(in thousands)	March 31, 2020		December 31, 2019
Non-interest bearing demand deposits	$	858,883	$	810,475
Interest bearing deposits:
Interest bearing demand		1,007,875		979,595
Savings		174,238		169,622
Money market		734,896		742,029
Time deposits of $250 thousand or more		74,938		81,412
Other time deposits(1)		348,048		350,805
Total time deposits		422,986		432,217
Total interest bearing deposits		2,339,995		2,323,463
Total deposits	$	3,198,878	$	3,133,938

(1) Includes $30 million in brokered deposits as of both March 31, 2020 and December 31, 2019.

Deposits totaling $126 million were acquired on May 1, 2019, associated with the acquisition.