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Deposits
12 Months Ended
Dec. 31, 2021
Banking And Thrift Interest [Abstract]  
Deposits

 

 

NOTE 11 - DEPOSITS

 

Following is a summary of year-end deposits:

 

 

 

 

2021

 

 

 

2020

 

Noninterest-bearing demand

 

$

916,237

 

 

$

608,791

 

Interest-bearing demand

 

 

1,407,967

 

 

 

1,030,426

 

Money market

 

 

370,918

 

 

 

217,025

 

Savings

 

 

463,845

 

 

 

270,700

 

Brokered time deposits

 

 

0

 

 

 

32,000

 

Certificates of deposit

 

 

388,268

 

 

 

451,936

 

Total

 

$

3,547,235

 

 

$

2,610,878

 

 

Time deposits of $250 thousand or more were $133.8 million and $136.9 million at year-end 2021 and 2020.

Following is a summary of scheduled maturities of certificates of deposit during the years following December 31, 2021:

 

2022

 

 

 

$

163,085

 

2023

 

 

 

 

66,550

 

2024

 

 

 

 

47,872

 

2025

 

 

 

 

65,652

 

2026

 

 

 

 

39,259

 

Thereafter

 

 

 

 

5,850

 

Total

 

 

 

$

388,268