XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.22.1

DEPOSITS | 3 Months Ended
--- | ---
Mar. 31, 2022
DEPOSITS |
DEPOSITS | NOTE 7 – DEPOSITS The Company’s deposits are summarized below: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2022 |  | December 31, 2021
​ | ​ | (dollars in thousands)
Noninterest-bearing deposits | ​ | $ | 1,069,231 | ​ | $ | 1,087,659
Interest-bearing deposits: | ​ | ​ | ​ | ​ | ​ | ​
Interest-bearing demand | ​ | ​ | 1,167,058 | ​ | ​ | 1,105,949
Money market | ​ | ​ | 597,464 | ​ | ​ | 583,198
Savings | ​ | ​ | 687,147 | ​ | ​ | 633,171
Time | ​ | ​ | 295,169 | ​ | ​ | 328,208
Total interest-bearing deposits | ​ | ​ | 2,746,838 | ​ | ​ | 2,650,526
Total deposits | ​ | $ | 3,816,069 | ​ | $ | 3,738,185
​ Money market deposits include $4.2 million and $4.2 million of brokered deposits as of March 31, 2022 and December 31, 2021, respectively. Money market deposits also include $7.7 million and $6.9 million of reciprocal transaction deposits as of March 31, 2022 and December 31, 2021, respectively. Time deposits include $1.2 million and $0.9 million of reciprocal time deposits as of March 31, 2022, and December 31, 2021, respectively. The aggregate amounts of time deposits in denominations of $250 thousand or more amounted to $35.0 million and $59.5 million as of March 31, 2022 and December 31, 2021, respectively. The aggregate amounts of time deposits in denominations of $100 thousand or more amounted to $104.7 million and $133.1 million as of March 31, 2022 and December 31, 2021, respectively. The components of interest expense on deposits are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
​ | ​ | 2022 |  | 2021
​ | ​ | (dollars in thousands)
Interest-bearing demand | ​ | $ | 142 | ​ | $ | 117
Money market | ​ | ​ | 121 | ​ | ​ | 89
Savings | ​ | ​ | 50 | ​ | ​ | 41
Time | ​ | ​ | 256 | ​ | ​ | 397
Total interest expense on deposits | ​ | $ | 569 | ​ | $ | 644
​

X
- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DepositsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration