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Deposits

12 Months Ended

Dec. 31, 2020

Maturities of Time Deposits [Abstract]

DEPOSITS

Following is a summary of certificates of deposit maturities at December 31, 2020:


($ in thousands)	Brokered		Customer		Total
Less than 1 year	$	—	$	384,529	$	384,529
Greater than 1 year and less than 2 years	—		75,484		75,484
Greater than 2 years and less than 3 years	25,069		12,663		37,732
Greater than 3 years and less than 4 years	25,140		17,587		42,727
Greater than 4 years and less than 5 years	—		4,043		4,043
Greater than 5 years	—		5,580		5,580
	$	50,209	$	499,886	$	550,095

Certificates of deposit balances over the FDIC insurance limit of $250,000 were $169.5 million as of December 31, 2020.

Following is a summary of activity for the year ended December 31, 2020, for deposit accounts of executive officers and directors, or to entities in which such individuals had beneficial interests as a shareholder, officer, or director.


($ in thousands)	December 31, 2020
Balance at beginning of year	$	9,763
Deposits	2,441
Withdrawals	(4,961)
Balance at end of year	$	7,243

The Company is a participant in the Promontory Interfinancial Network, a network that offers deposit placement services such as CDARS and ICS, which offer products that qualify large deposits for FDIC insurance. At December 31, 2020, the Company had $7.3 million of CDARS deposits and $71.7 million of ICS deposits. At December 31, 2020 and 2019, overdraft deposits of $1.0 million and $2.1 million, respectively, were reclassified to loans.