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Deposits | 12 Months Ended
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Dec. 31, 2017
Deposits [Abstract] |
Deposits | NOTE 8 – Deposits The following is a detail of the deposit accounts:
|  | December 31,
(dollars in thousands) |  | 2017 |  | 2016
Noninterest bearing |  | $ | 295,680 |  | 235,538
Interest bearing: |  |  |  |  |
NOW accounts |  |  | 229,945 |  | 234,949
Money market accounts |  |  | 545,029 |  | 345,117
Savings |  |  | 16,298 |  | 14,942
Time, less than $100,000 |  |  | 55,461 |  | 48,638
Time, $100,000 and over |  |  | 238,710 |  | 211,967
Total deposits |  | $ | 1,381,123 |  | 1,091,151
At December 31, 2017 and 2016, time deposits greater than $250,000 were $131.7 million and $153.7 million, respectively. Also, at December 31, 2017 and 2016, the Company had approximately $28.1 million and $59.1 million, respectively, of time deposits that were obtained outside of the Company’s primary market. Interest expense on time deposits greater than $100,000 was $2.7 million for the year ended December 31, 2017, $1.8 million for the year ended December 31, 2016, and $1.7 million for the year ended December 31, 2015. At December 31, 2017 the scheduled maturities of certificates of deposit are as follows:
(dollars in thousands) |  |  |
2018 |  | $ | 213,562
2019 |  |  | 54,669
2020 |  |  | 16,702
2021 |  |  | 1,207
2022 and after |  |  | 8,031
|  | $ | 294,171

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- 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://www.xbrl.org/2003/role/presentationRef -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://www.xbrl.org/2003/role/presentationRef -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
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