XML 30 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
DEPOSITS
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
DEPOSITS

Note 7

DEPOSITS

The composition of the Company's interest bearing deposits at December 31 was as follows:

(Dollars in Thousands)20182017
NOW Accounts$867,209$877,820
Money Market Accounts237,739239,212
Savings Deposits358,306335,140
Time Deposits120,744143,122
Total Interest Bearing Deposits$1,583,998$1,595,294

At December 31, 2018 and 2017, $1.6 million in overdrawn deposit accounts were reclassified as loans.

Time deposits that meet or exceed the FDIC insurance limit of $250,000 totaled $6.5 million and $8.2 million at December 31, 2018 and December 31, 2017, respectively.

At December 31, the scheduled maturities of time deposits were as follows:

(Dollars in Thousands)2018
2019$98,960
202013,563
20215,045
20221,668
2023 and thereafter1,508
Total$120,744

Interest expense on deposits for the three years ended December 31, was as follows:
(Dollars in Thousands)201820172016
NOW Accounts$3,152$1,094$292
Money Market Accounts675252120
Savings Deposits172159144
Time Deposits < $250,000234274306
Time Deposits > $250,000101017
Total$4,243$1,789$879