XML 68 R16.htm IDEA: XBRL DOCUMENT
v3.20.1

Deposits | 12 Months Ended
--- | ---
Dec. 31, 2019
Deposits [Abstract] |
Deposits | DEPOSITS The following is a summary of scheduled maturities of CDs, including retail and brokered deposits, as of the dates indicated:
|  | December 31,
(In thousands) |  | 2019 |  | 2018
1 year or less |  | $ | 474,530 |  |  | $ | 461,207 |
Over 1 year to 2 years |  | 61,100 |  |  | 123,397 |
Over 2 years to 3 years |  | 21,682 |  |  | 35,235 |
Over 3 years to 4 years |  | 14,211 |  |  | 20,045 |
Over 4 years to 5 years |  | 18,993 |  |  | 15,368 |
Over 5 years |  | 5,033 |  |  | 6,029 |
Total |  | $ | 595,549 |  |  | $ | 661,281 |
CDs issued in amounts that meet or exceed the FDIC insurance limit of $250,000 totaled $176.0 million and $111.1 million at December 31, 2019 and 2018, respectively. The Company has pledged assets as collateral covering certain deposits in the amount of $471.2 million and $443.1 million at December 31, 2019 and 2018, respectively. The amount of overdraft deposits that were reclassified as loans at December 31, 2019 and 2018 was $889,000 and $1.1 million, respectively. At December 31, 2019 and 2018, deposits from certain officers, directors and their associated companies in the normal course of business, were less than 5% of the Company's shareholders' equity.

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=50488274&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=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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