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Interest Bearing Deposits
12 Months Ended
Dec. 31, 2019
Interest Bearing Deposits [Abstract]  
Interest Bearing Deposits

 

NOTE 11 - INTEREST BEARING DEPOSITS

Time deposits of $250 thousand or more were $108.2 million and $79.8 million at year-end 2019 and 2018.

Following is a summary of scheduled maturities of certificates of deposit and brokered time deposits during the years following December 31, 2019:

 

2020

 

 

 

$

288,872

 

2021

 

 

 

 

126,032

 

2022

 

 

 

 

15,057

 

2023

 

 

 

 

17,686

 

2024

 

 

 

 

41,526

 

Thereafter

 

 

 

 

5,446

 

TOTAL

 

$

494,619

 

 

Following is a summary of year-end interest bearing deposits:

 

 

 

 

2019

 

 

 

2018

 

Demand

 

$

678,465

 

 

$

581,808

 

Money market

 

 

177,381

 

 

 

198,067

 

Savings

 

 

224,373

 

 

 

225,435

 

Brokered time deposits

 

 

84,075

 

 

 

25,000

 

Certificates of deposit

 

 

410,544

 

 

 

347,460

 

TOTAL

 

$

1,574,838

 

 

$

1,377,770