XML 99 R18.htm IDEA: XBRL DOCUMENT

Deposits

12 Months Ended

Dec. 31, 2014

11.Deposits

The aggregate amount of time deposits with a minimum denomination of $100,000 was $145.0 million and $157.5 million at December 31, 2014 and 2013, respectively. At December 31, 2014, $.2 million of deposit overdrafts were re-classified as loans.

The following is a summary of the scheduled maturities of all time deposits as of December 31, 2014 (in thousands):



2015	$	119,976
2016		77,967
2017		39,921
2018		40,076
2019		13,802

In the ordinary course of business, executive officers and directors of the Corporation, including their families and companies in which certain directors are principal owners, were deposit customers of the Bank. Pursuant to the Bank’s policies, such deposits are on the same terms as those prevailing at the time for comparable deposits with persons who are not related to the Corporation. At December 31, 2014, executive officers and directors had approximately $22.2 million in deposits with the Bank.

- 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+ Details