XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Deposits | 12 Months Ended
--- | ---
Dec. 31, 2021
Deposits [Abstract] |
Deposits | NOTE 9 – Deposits The following is a detail of the deposit accounts:
|  | December 31, |
(dollars in thousands) |  | 2021 |  |  | 2020 |
Noninterest bearing |  | $ | 768,651 |  |  |  | 576,610 |
Interest bearing: |  |  |  |  |  |  |  |
NOW accounts |  |  | 401,788 |  |  |  | 268,739 |
Money market accounts |  |  | 1,201,099 |  |  |  | 1,042,745 |
Savings |  |  | 39,696 |  |  |  | 27,254 |
Time deposits |  |  | 152,592 |  |  |  | 227,410 |
Total deposits |  | $ | 2,563,826 |  |  |  | 2,142,758 |
At December 31, 2021 and 2020, time deposits greater than $250,000 were $84.4 million and $130.9 million, respectively. Also, at December 31, 2021, the Company had no deposits that were obtained outside of the Company’s primary market, while at December 31, 2020 these balances were $22.0 million. Interest expense on time deposits greater than $100,000 was $1.1 million for the year ended December 31, 2021, $4.6 million for the year ended December 31, 2020, and $6.9 million for the year ended December 31, 2019. 93 Table of Contents At December 31, 2021 the scheduled maturities of time deposits are as follows:
(dollars in thousands) |  |  |  |
2022 |  | $ | 119,674 |
2023 |  |  | 20,195 |
2024 |  |  | 6,810 |
2025 |  |  | 5,803 |
2026 and after |  |  | 110 |
|  | $ | 152,592 |

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=116652737&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=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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