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Interest-Bearing Deposits (Tables)
6 Months Ended
Jun. 30, 2021
Interest-bearing Deposits  
Schedule of Interest-bearing deposits.

Interest-bearing deposits consisted of the following as of June 30, 2021 and December 31, 2020:

 

Interest Bearing Deposits
(in thousands)  June 30, 2021   December 31, 2020 
Savings  $73,481   $49,714 
Money market   972,758    844,445 
Interest checking accounts   136,336    146,553 
Time, $250 or more   28,168    7,568 
Other time   26,506    40,034 
Total interest-bearing deposits  $1,237,249   $1,088,314 
Schedule of Maturities of Time Deposits

 

Interest Bearing Deposits (Details 2)
(in thousands)  June 30, 2021 
Year     
2021  $53,320 
2022   834 
2023   509 
2024   11 
2025    
Total time deposits  $54,674 
Schedule of Composition of Network Deposits

 

Interest Bearing Deposits (Details 3)
(in thousands)  June 30, 2021   December 31, 2020 
CDARS  $22,397   $35,534 
ICS   344,796    266,519 
Total network deposits  $367,193   $302,053 
Interest expense recognized on interest-bearing deposits for periods ended June 30, 2021, and 2020 consisted of the following:

Interest expense recognized on interest-bearing deposits for periods ended June 30, 2021, and 2020 consisted of the following:

 

Interest Bearing Deposits (Details 4)
   For the three months ended   For the six months ended 
(in thousands)  June 30, 2021   June 30, 2020   June 30, 2021   June 30, 2020 
Savings  $19   $24   $34   $63 
Money market   475    1,665    1,057    3,406 
Interest checking accounts   37    103    75    218 
Time, $250 or more   8    333    15    719 
Other time   29    134    86    220 
Total interest expense on interest-bearing deposits  $568   $2,259   $1,267   $4,626