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DEPOSITS
12 Months Ended
Dec. 31, 2017
DEPOSITS  
DEPOSITS

8. DEPOSITS

 

Time Deposits

 

The following table sets forth the remaining maturities of the Bank’s time deposits at December 31, 2017:

 

(In thousands)   Total  
2018   $ 125,578  
2019     37,865  
2020     11,721  
2021     42,903  
2022     3,564  
Thereafter     733  
Total   $ 222,364  

 

The deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2017 and 2016 were $93.0 million and $65.4 million, respectively. Deposits from principal officers, directors and their affiliates at December 31, 2017 and 2016 were approximately $23.2 million and $13.9 million, respectively.