XML 41 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Deposits
12 Months Ended
Dec. 31, 2016
Deposits [Abstract]  
Deposits
(10) Deposits

At December 31, 2016 and 2015, time deposits amounted to $182,595,000 and $160,849,000, respectively. Interest expense on certificates of deposit amounted to $2,156,000, $1,920,000, and $1,971,000 for the years ended December 31, 2016, 2015 and 2014, respectively. The aggregate amount of demand deposit overdrafts that were reclassified as loans were $285,000 at December 31, 2016, compared to $567,000 as of December 31, 2015.

 

Time deposits at December 31, 2016, mature as follows:

 

     Time Deposits  
(Dollars in thousands)    Less than $250,000      $250,000 or more  

Maturing in 2017

   $ 64,993      $ 16,760  

Maturing in 2018

     35,238        5,360  

Maturing in 2019

     20,094        3,209  

Maturing in 2020

     20,997        950  

Maturing in 2021

     13,953        303  

Maturing thereafter

     738        —    
  

 

 

    

 

 

 
   $ 156,013      $ 26,582  
  

 

 

    

 

 

 

Brokered deposits included in the time deposit totals equaled $13,567,000, at December 31, 2016 and $11,168,000 at December 31, 2015. Deposits and other funds from related parties held by Mid Penn at December 31, 2016 and 2015 amounted to $19,279,000 and $17,163,000, respectively.