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

NOTE 9 - Deposits

Deposits at December 31, 2017 and December 31, 2016 are summarized as follows:

 

(Dollars in thousands)

 

December 31, 2017

 

 

December 31, 2016

 

Noninterest bearing demand

 

$

564,225

 

 

$

363,351

 

Interest bearing demand

 

 

403,244

 

 

 

340,362

 

Individual retirement accounts

 

 

108,505

 

 

 

103,022

 

Money market

 

 

283,969

 

 

 

213,253

 

Savings

 

 

235,296

 

 

 

171,354

 

Certificates of deposit

 

 

837,384

 

 

 

756,351

 

Brokered deposits

 

 

188,725

 

 

 

68,092

 

Total deposits

 

$

2,621,348

 

 

$

2,015,785

 

 

At December 31, 2017, scheduled maturities of time deposits, including certificates of deposits, individual retirement accounts and brokered deposits, are as follows:

 

(Dollars in thousands)

 

December 31, 2017

 

Within one year

 

$

851,311

 

After one but within two years

 

 

185,402

 

After two but within three years

 

 

45,789

 

After three but within four years

 

 

32,054

 

After four but within five years

 

 

20,058

 

Total

 

$

1,134,614

 

 

Time deposits, including individual retirement accounts, certificates of deposit, and brokered deposits, with individual balances of $250,000 and greater totaled $158,197,000 and $149,258,000 at December 31, 2017 and 2016, respectively.