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Deposits
12 Months Ended
Dec. 31, 2017
Deposits [Abstract]  
Deposits



NOTE 10 - DEPOSITS

Deposits consist of the following:







 

 

 

 



 

December 31,

(dollars in thousands)

 

2017

 

2016

Noninterest-bearing demand

 

$                 159,844 

 

$                 144,877 

Interest-bearing:

 

 

 

 

Demand

 

215,447 

 

162,823 

Money market deposits

 

226,351 

 

248,049 

Savings

 

52,990 

 

50,284 

Certificates of deposit

 

451,605 

 

432,792 

Total interest-bearing

 

946,393 

 

893,948 



 

 

 

 

Total Deposits

 

$              1,106,237 

 

$              1,038,825 



As of December 31, 2017 and 2016, there were $9.2 million and $6.2 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, 2017 and 2016 was $321.0 million and $287.6 million, respectively. The aggregate amount of certificates of deposit in denominations of $250,000 or more at December 31, 2017, and 2016 was $167.5 million and $153.9 million, respectively.



At December 31, 2017 and 2016, the scheduled contractual maturities of certificates of deposit are as follows:





 

 

 

 



 

December 31,

(dollars in thousands)

 

2017

 

2016

Within one year

 

$                 312,417 

 

$                 306,089 

Year 2

 

93,723 

 

79,474 

Year 3

 

29,661 

 

31,921 

Year 4

 

4,327 

 

8,353 

Year 5

 

11,477 

 

6,955 



 

$                 451,605 

 

$                 432,792