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Deposits
12 Months Ended
Dec. 31, 2016
Deposits [Abstract]  
Deposits



NOTE 10 - DEPOSITS

Deposits consist of the following:







 

 

 

 



 

December 31,

(dollars in thousands)

 

2016

 

2015

Noninterest-bearing demand

 

$                 144,877 

 

$                 142,771 

Interest-bearing:

 

 

 

 

Demand

 

162,823 

 

120,918 

Money market deposits

 

248,049 

 

219,956 

Savings

 

50,284 

 

47,703 

Certificates of deposit

 

432,792 

 

375,551 

Total interest-bearing

 

893,948 

 

764,128 



 

 

 

 

Total Deposits

 

$              1,038,825 

 

$                 906,899 



As of December 31, 2016 and 2015, there were $6.2 million and $5.6 million, respectively in deposit accounts held by executive officers and directors of the Bank and Company.



The aggregate amount of certificates of deposit in denominations of $100,000 or more at December 31, 2016 and 2015 was $287.6 million and $222.3 million, respectively. The aggregate amount of certificates of deposit in denominations of $250,000 or more at December 31, 2016, and 2015 was $153.9 million and $98.6 million, respectively. 

At December 31, 2016 and 2015, the scheduled contractual maturities of certificates of deposit are as follows:





 

 

 

 



 

December 31,

(dollars in thousands)

 

2016

 

2015

Within one year

 

$                 306,089 

 

$                 230,559 

Year 2

 

79,474 

 

96,098 

Year 3

 

31,921 

 

32,975 

Year 4

 

8,353 

 

5,454 

Year 5

 

6,955 

 

10,465 



 

$                 432,792 

 

$                 375,551