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DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2020

Deposits [Abstract]

Schedule of Deposits

The Company’s deposits consisted of the following at the dates indicated:

​

​	​	​	​	​	​	​
​		December 31,			December 31,
​	​	2020		​	2019
Demand deposits	​	$	678,365	​	$	572,341
NOW accounts and savings	​		399,772	​		314,125
Money market	​		516,560	​		489,206
Time deposits	​		243,700	​		325,511
Total	​	$	1,838,397	​	$	1,701,183

​

Schedule of time deposit maturities

At December 31, 2020, aggregate annual maturities of time deposits are as follows:

​

​	​	​	​
Year ending December 31,		​
2021	​	$	193,455
2022	​		39,261
2023	​		6,051
2024	​		2,501
2025	​		2,432
Total	​	$	243,700

​

Schedule of interest expense net Of early penalty on interest bearing deposits

Interest expense, net of early withdrawal penalty, recognized on interest bearing deposits at the dates indicated consisted of the following:

​

​	​	​	​	​	​	​	​	​	​
​		December 31,			December 31,			December 31,
​	​	2020		​	2019		​	2018
NOW accounts and savings	​	$	417	​	$	252	​	$	167
Money market	​		2,721	​		2,912	​		1,895
Time deposits	​		3,816	​		5,001	​		2,400
Total	​	$	6,954	​	$	8,165	​	$	4,462

X

- Definition

Tabular disclosure of Interest Expense Net Of Early Penalty On Interest Bearing Deposits.

+ References

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- Definition

Tabular disclosure of type of deposit liability.

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- Definition

Tabular disclosure of time deposit liability maturities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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